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Question 3 1 pts One year ago, you purchased 313 shares of XYZ at $25.2 a share. During the past year, you received a total o

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Answer #1

Number of shares = 313

Total dividends = $ 176

Dividends per share = 176/313 = 0.56

Selling price = $ 7,778

Selling price per share = 7778/313 = $ 24.84

Total return on this investment = (24.84+ 0.56 - 25.2)/25.2 = 0.79%

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