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Problem 14-3 Calculating Total Return (LO14-1) OZ Tammy Jackson purchased 101 shares of All-American Manufacturing Company st
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Answer #1

Total Return = (Sale Price + Dividends Received - Purchase cost - Commission paid)

= (41-35.20)*101 + 218 - 28 - 43

= $732.8

% = 732.8/35.2*101

= 20.61%

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