Question 12 1 pts A year ago, you purchased 300 shares of IXC Technologies, Inc....

50.1K

Verified Solution

Question

Finance

image
Question 12 1 pts A year ago, you purchased 300 shares of IXC Technologies, Inc. stock at a price of $9.03 per share. The stock pays an annual dividend of $ 40 per share. Today, you sold all of your shares for $28.14 per share. What is your total dollar return on this investment? 55.703 O $5.733 $5,753 O $5.763 $5.853

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students