One year ago,you purchased 300 shares of Southern Cotton at $32.60 a share.During the past year,you received a total of $280 in dividends.Today,you sold your shares for $35.80 a share.What is your total return on this investment?
A) 8.79 percent
B) 9.64 percent
C) 10.16 percent
D) 11.64 percent
E) 12.68 percent
Correct Answer:
Verified
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