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Six Months Ago,you Purchased 1,200 Shares of ABC Stock for $21.20

Question 52

Multiple Choice

Six months ago,you purchased 1,200 shares of ABC stock for $21.20 a share. You have received dividend payments equal to $.60 a share. Today,you sold all of your shares for $22.20 a share. What is your total dollar return on this investment?


A) $720
B) $1,200
C) $1,440
D) $1,920
E) $3,840

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