Question: What is the dollar amount of Joels return (see problem 1)? In Problem 1. Joel purchased 100 shares of stock for $ 20 per share.

What is the dollar amount of Joel’s return (see problem 1)?
In Problem 1.
Joel purchased 100 shares of stock for $ 20 per share. During the year, he received dividend checks amounting to $ 150. Joel recently sold the stock for $ 32 per share. What was Joel’s return on the stock?

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