One year ago, Brookes purchased 200 shares of Surfer Bay stock for $22,250. Today, he sold those

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One year ago, Brookes purchased 200 shares of Surfer Bay stock for $22,250. Today, he sold those shares for $114.00 per share. What is the total return on this investment if the dividend yield is 1.2 percent?

* A. 2.98 percent

* B. 3.67 percent

* C. 0.76 percent

* D. 1.93 percent

* E. 4.47 percent

Related Book For answer-question

Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Posted Date: Aug 14, 2020 08:31 AM

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One year ago, Brookes purchased 200 shares of Surfer Bay stock for $22,250. Today, he sold those

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Beginning value2225020011125 per share H... View the full answer

Bond Markets Analysis and Strategies

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