Multiple Choice
Sprint Nextel Corp stock ended the previous year at $25.00 per share. It paid a $2.57 per share dividend last year. It ended last year at $18.89. If you owned 650 shares of Sprint, what was your dollar return and percent return?
A) $2,960; 11.13%
B) -$4,960; -16.13%
C) -$3,960; -15.13%
D) -$2,301; -14.16%
Correct Answer:
Verified
Correct Answer:
Verified
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