Question

You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $36.36 per share....

You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $36.36 per share. While you owned the stock, you received dividends totaling $.67 per share. Today, you sold your stock at a price of $40.31 per share. What was your total dollar return on the investment?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Calculation of return:

Return per share= Selling price-Purchase price+ dividend

Return per share= 40.31-36.36+0.67= 4.62

Dollar return= 1400*4.62= 6468

Dollar return= $6468

Add a comment
Know the answer?
Add Answer to:
You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $36.36 per share....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT