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A Year Ago, You Purchased 300 Shares of IXC Technologies

Question 28

Multiple Choice

A year ago, you purchased 300 shares of IXC Technologies at a price of £9.03 per share.The shares pay an annual dividend of £.10 per share.Today, you sold all of your shares for £28.14 per
Share.What is your total monetary return on this investment?


A) £5,703
B) £5,733
C) £5,753
D) £5,763
E) £5,853

Correct Answer:

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