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Six Months Ago,you Purchased 2,400 Shares of Stock for $21

Question 53

Multiple Choice

Six months ago,you purchased 2,400 shares of stock for $21.10 a share.Today,you sold the shares for $22.20 a share.What is your total dollar return on this investment if you received a dividend of $.40 a share?


A) $1,680
B) -$1,420
C) -$1,680
D) $3,600
E) $3,840

Correct Answer:

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