Arnell Johnson bought 250 shares of Black Petroleum Company for $95 per share. He paid a commission
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Arnell Johnson bought 250 shares of Black Petroleum Company for $95 per share. He paid a commission of $55 when he bought these shares. He sold the shares 5 years later at $115 per share. When he sold it he paid a commission of $70. While he held the shares, he paid a dividend of $3.50 per share.
What was Arnell's total dollar return on this stock?
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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