200 shares of Tesla are purchased for $185 per share. Six months later, the stock is sold for $237 per share. A dividend of $0.50 a share is received. What is the total dollar return?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 17P
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200 shares of Tesla are purchased for $185 per share. Six months later,
the stock is sold for $237 per share. A dividend of $0.50 a share is
received. What is the total dollar return?
Transcribed Image Text:200 shares of Tesla are purchased for $185 per share. Six months later, the stock is sold for $237 per share. A dividend of $0.50 a share is received. What is the total dollar return?
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