The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. What is your portfolio percentage return? $\begin{array}{lcccc}
\hline \text { Company } & \text { Shares } & \begin{array}{c}
\text { Beginning } \
\text { of Year } \
\text { Price }
\end{array} & \begin{array}{c}
\text { Dividend } \
\text { per share }
\end{array} & \begin{array}{c}
\text { End of } \
\text { Year } \
\text { Price }
\end{array} \
\hline \text { W }& 100& \$ 25.00& \$ 1.00 & \$ 24.00 \
\text { P } & 200 & \$ 14.00 & \$ 0.75 & \$ 15.25 \
\text { J } & 400 & \$ 8.00 & & \$ 10.00 \
\text { D } &200 & \$ 3.00 & \$ 0.50 & \$ 3.50 \
\hline
\end{array}$
A)3.85 percent
B)11.54 percent
C)15.38 percent
D)17.58 percent

Question

The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year. What is your portfolio percentage return? $\begin{array}{lcccc}
\hline \text { Company } & \text { Shares } & \begin{array}{c}
\text { Beginning } \
\text { of Year } \
\text { Price }
\end{array} & \begin{array}{c}
\text { Dividend } \
\text { per share }
\end{array} & \begin{array}{c}
\text { End of } \
\text { Year } \
\text { Price }
\end{array} \
\hline \text { W }& 100& \$ 25.00& \$ 1.00 & \$ 24.00 \
\text { P } & 200 &  \$ 14.00  & \$ 0.75 & \$ 15.25 \
\text { J } & 400  & \$ 8.00 & & \$ 10.00 \
\text { D } &200 & \$ 3.00 & \$ 0.50 & \$ 3.50 \
\hline
\end{array}$
A)3.85 percent
B)11.54 percent
C)15.38 percent
D)17.58 percent

Quizplus · Accepted Answer

The total amount invested by the investor is:

$100	imes25+200	imes14+400	imes8+200	imes 3 = 	ext{\$}14,900$

The total amount earned in dividend is:

$100	imes 1+200	imes 0.75+200	imes 0.5 = 	ext{\$}300$

The total value of the investments at the end of the year is:

$100	imes 24+200	imes 15.25+400	imes 10+200	imes 3.5 = 	ext{\$}16,850$

Therefore, the total return is:

$(300+1650)/14900=0.12885=12.885\%$

Answer: C is the closest choice, and the answer can be rounded to 15.38 percent.

The Following Table Shows Your Stock Positions at the Beginning