your purchased 963 shares of a stock for $86.57 and resold it two years later for...

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your purchased 963 shares of a stock for $86.57 and resold it two years later for...

your purchased 963 shares of a stock for $86.57 and resold it two years later for $86.2. Over the 2 year period you received .93 in dividends. What is the total dollar return on your investment

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Answer 1

Answer #1

Total Dollar Return = (Selling Price - Buying Price + Dividend Paid)(Number of Shares)

Total Dollar Return = (86.20 - 86.57 + 0.93)(963)

Total Dollar Return = $606.69

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Answer 2

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your purchased 963 shares of a stock for $86.57 and resold it two years later for...

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