Latisha invested $1,000 in XYZ stock.Two years later she sold the stock for $1,200.During the time she owned the stock,she received a total of $80 in dividends.What was her total return on this investment?
A)8%
B)20%
C)23.33%
D)28%

Question

Quizplus · Accepted Answer

Latisha's total return includes both the capital gain and the dividends received. The capital gain is $1,200 - $1,000 = $200. Adding the dividends, her total gain is $200 + $80 = $280. The total return percentage is ($280 / $1,000) * 100 = 28%.

Latisha Invested $1,000 in XYZ Stock