Tammy Jackson purchased 100 shares of All American Manufacturing Company stock at $31 50 a share One year later, she sold the stock for $38 a share She paid her broker a $15 commission when she purchased the stock and a $29 commission when she sold it During the 12 months that she owned the stock, ...

Current Return 160 in dividends over the past 12 m ...

Tammy Jackson purchased 100 shares of All-American Manufacturing Company stock at $31.50 a share. One year later,

Question:

Tammy Jackson purchased 100 shares of All-American Manufacturing Company stock at $31.50 a share. One year later, she sold the stock for $38 a share. She paid her a $15 commission when she purchased the stock and a $29 commission when she sold it. During the 12 months that she owned the stock, she received $160 in dividends. Calculate Tammy's total return on this investment.
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...