One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22
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One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you sold your shares for $28.50 a share. What is your total dollar return on this investment?
a- $6.222
b- $6,432
c- $6,520
d- $6,220
e- $6,608
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