Question: 1 . Calculating Returns ( LO 1 , CFA 1 ) Suppose you bought 1 0 0 shares of stock at an initial price of

1. Calculating Returns (LO1, CFA1) Suppose you bought 100 shares of stock at an initial price of $37 per share. The stock paid a
dividend of $.28 per share during the following year, and the share price at the end of the year was $41. Compute your total dollar
return on this investment. Does your answer change if you keep the stock instead of selling it? Why or why not?

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