I am currently enrolled in Business Finance. We were given practice questions to study from....
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I am currently enrolled in Business Finance. We were given practice questions to study from. However, I don't have the answers or work to see if I am right/wrong. Could someone please explain how question 2 is solved with an answer provided. Thanks!
- Benny purchased 200 shares of a stock at the beginning of the year with a price of $20. The stock paid a dividend of $1 and the stock price was $22 at the end of the year. The dollar return was
- $600
- $400
- $3
- $200
- $100
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