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