Question: Please show the steps thank you :) 31. You bought 1500 shares for $17.50 each. A year later, the stock pays dividends of $1.20 per

Please show the steps thank you :)

31. You bought 1500 shares for $17.50 each. A year later, the stock pays dividends of $1.20 per share and you sell the shares for $15 each. Calculate (ignoring transactions costs): a) The total dollar return (4 pts) b) The percentage retum (4 pts)

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