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Gary Purchased 250 Shares of PAC Stock for $37 Per

Question 38

Multiple Choice

Gary purchased 250 shares of PAC stock for $37 per share and sold this same stock one year later for $44 per share.He paid commissions of $15 when he purchased the stock and $10 when he sold the stock.Dividends of $1.50 per share were paid during the year.The total rate of return on this investment was


A) 22.98 percent.
B) 22.70 percent.
C) 18.92 percent.
D) 19.32 percent.

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