Assume That You Purchased 100 Shares of a Stock for $55

Multiple Choice

Assume that you purchased 100 shares of a stock for $55 a share, that you received an annual dividend of $2.00 a share, and that you sold your stock for $65 a share at the end of one year. What is the total return on your investment? (Ignore commission amounts for this question.)

A) $200
B) $1,000
C) $1,200
D) $1,500
E) $2,200