Nine months ago, you purchased 350 shares of Southland, Inc. stock at a price of $62.47 a share. The company pays quarterly dividends of $.85 a share. Today, you sold all of your shares for $67.82
A share. What is your total percentage return on this investment?
A) 9.93%
B) 10.08%
C) 11.29%
D) 12.65%
E) 13.33%
Correct Answer:
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