Wanda Sotheby purchased 120 shares of Home Depot stock at $235 a share. One year later, she

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Wanda Sotheby purchased 120 shares of Home Depot stock at $235 a share. One year later, she sold the stock for $218 a share. She paid her broker a commission of $34 when she purchased the stock and a commission of $39 when she sold it. During the 12 months she owned the stock, she received $653 in dividends. Calculate Wanda’s total return on this investment.

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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