Short Answer
What would be the return on 200 shares of stock purchased on January 1,2005 for $60 per share and sold on December 31,2005 at $80 per share? Also assume that the company paid dividends of $2 per share over the year.The prices include all brokerage fees.Round to the nearest whole percent.
(a)37%
(b)25%
(c)33%
(d)40%
Correct Answer:

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