A year ago, you purchased 500 shares of New Tech stock at a price of $49.03 per share. The stock pays an annual dividend of $.10 per share. Today, you sold all of your shares for $58.14 per share. What is your total dollar return on this investment?
A) $4,755
B) $4,733
C) $4,753
D) $4,605
E) $4,853

Question

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The Answer of A year ago, you purchased 500 shares of New Tech stock at a price of $49.03 per share. The stock pays an annual dividend of $.10 per share. Today, you sold all of your shares for $58.14 per share. What is your total dollar return on this investment?
A) $4,755
B) $4,733
C) $4,753
D) $4,605
E) $4,853

A Year Ago, You Purchased 500 Shares of New Tech