Marie and Bob Houmas purchased 200 shares of General Electric stock for $23 a share One year later, they sold the stock for $31 a share They paid their broker a $32 commission when they purchased the stock and a $41 commission when they sold it During the 12 months they owned the stock, they receiv...

Current Return 152 in dividends over the past 12 m ...

Marie and Bob Houmas purchased 200 shares of General Electric stock for $23 a share. One year

Question:

Marie and Bob Houmas purchased 200 shares of General Electric stock for $23 a share. One year later, they sold the stock for $31 a share. They paid their a $32 commission when they purchased the stock and a $41 commission when they sold it. During the 12 months they owned the stock, they received $152 in dividends. Calculate the total return on this investment.
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...