One year ago,Ted purchased 300 shares of stock at $18.09 a share.Today,he received a total of $267 in dividends and sold his shares for a total of $5,250.What was his total rate of return?
A) −3.57%
B) −2.94%
C) −4.43%
D) 2.47%
E) 1.66%
Correct Answer:
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