Multiple Choice
Assume that you purchased 200 shares of C-Mac Industries stock for $110 a share, that you received an annual dividend of $4.00 a share, and that you then sold your stock for $130 a share at the end of one year. What is the total profit on your investment? (Ignore commission amounts for this question.)
A) $200
B) $400
C) $1,200
D) $800
E) $2,200
Correct Answer:
Verified
Correct Answer:
Verified
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