Multiple Choice
Julio purchased a stock one year ago for $27. The stock is now worth $32, and the total return to Julio for owning the stock was 37 percent. What is the dollar amount of dividends that he received for owning the stock during the year? Round your final answer to nearest whole dollar.
A) $4
B) $5
C) $6
D) $7
Correct Answer:
Verified
Correct Answer:
Verified
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