One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you sold your shares for $28.30 a share. What is your total dollar return on this investment?
A) $6,222
B) $6,432
C) $6,520
D) $6,220
E) $6,608
Correct Answer:
Verified
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