Four months ago,you purchased 1,500 shares of Lakeside Bank stock for $11.20 a share.You have received dividend payments equal to $0.25 a share.Today,you sold all of your shares for $8.60 a share.What is your total dollar return on this investment?
A) -$3,900
B) -$3,525
C) -$3,150
D) -$2,950
E) -$2,875
Correct Answer:
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