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A Year Ago,you Purchased 300 Shares of IXC Technologies,Inc

Question 43

Multiple Choice

A year ago,you purchased 300 shares of IXC Technologies,Inc.stock at a price of $9.05 per share.The stock pays an annual dividend of $.12 per share.Today,you sold all of your shares for $29.14 per share.What is your total dollar return on this investment?


A) $5,703
B) $6,063
C) $6,453
D) $6,563
E) $6,603

Correct Answer:

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