Suppose you purchased $95$ shares of ABC, Inc for $$40\mathrm{.}99$ per share. The company paid a dividend of $$1\mathrm{.}3$ per share during the year, and had an ending share price of $$74\mathrm{.}12.$ What is the dollar return on the investment? Round off your answer to tow decimal points. Do not enter $ in the answer box $.$

Answer rating: 100% (QA)

To calculate the dollar return on the investment we need to consider the change in share price and ... View the full answer