Eight months ago,Isaac purchased 50 shares of stock at a price of $65.90 a share.To date,he has received two quarterly dividends of $1.03 a share each.If he sells his shares at the current price of $52.80 a share,what will be his total percentage return?
A)-11.27%
B)-9.38%
C)-16.75%
D)-20.91%
E)-13.40%

Question

Quizplus · Accepted Answer

Total percentage return = ($52.80 - 65.90 + (2 × $1.03))/$65.90 = -16.75%

Eight Months Ago,Isaac Purchased 50 Shares of Stock at a Price