Don't use ai given answer general accounting question 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 isreceived. What is the total dollar return?

Calculate the initial investment cost. The purchase price is $185 per share, and 200 shares are…

Answered: 200 shares of Tesla are purchased for…

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?