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One Year Ago,Stacey Purchased 300 Shares of IXC Tek Stock

Question 69

Multiple Choice

One year ago,Stacey purchased 300 shares of IXC Tek stock at a price of $11.23 per share.The stock pays an annual dividend of $.23 per share.Today,Stacey sold all of her shares for $16.20 per share.What is her total dollar return on this investment?


A) $1,703
B) $1,560
C) $1,422
D) $1,389
E) $1,491

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