Terry Corporation
One year ago, Jason purchased 50 shares of Terry Corporation stock at $20 per share. Today, one year later, the stock pays a $2 per share dividend and the price is now $22 per share.
-Refer to Terry Corporation.What is the total dollar return on the investment for the one year?

Question

Quizplus · Accepted Answer

Last year = 50 * $20 = $1,000
This year = 50 * ($22 + $2)= $1,200
Dollar gain = $1,200 - $1,000 = $200

Terry Corporation One Year Ago, Jason Purchased 50 Shares of Terry Corporation