Multiple Choice
You purchase 100 shares of stock at a price of $45 per share. One year later, the shares are selling for $47 per share. In addition, a dividend of $4 per share is paid at the end of each year.
What is the total percentage return for the investment?
A) 5.5%
B) 8.5%
C) 8.9%
D) 12.8%
E) 13.3%
Correct Answer:
Verified
Correct Answer:
Verified
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