One year ago, you purchased 500 shares of Best Wings, Inc. stock at a price of $9.60 a share. The company pays an annual dividend of $0.10 per share. Today, you sold all of your shares for $15.60 a share. What is your total percentage return on this investment?
A) 38.46 percent
B) 39.10 percent
C) 39.72 percent
D) 62.50 percent
E) 63.54 percent
Correct Answer:
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