Multiple Choice
You bought 360 shares of stock at a total cost of $7,754.40.You received a total of $403.20 in dividends and sold your shares for $19.98 a share.What was your total rate of return?
A) 3.67 percent
B) −2.04 percent
C) −1.29 percent
D) 7.24 percent
E) 5.38 percent
Correct Answer:
Verified
Correct Answer:
Verified
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