Anthony Jackson bought 300 shares of Blue Energy Corporation for $105 per share. He paid a commission of $60 when he purchased this stock. He sold the stock 6 years later for $130 per share. When he sold it, he paid a commission of $80. While he held the stock, it paid a dividend of $4.00 per share. What was Anthony's total dollar return on this stock?
Anthony Jackson bought 300 shares of Blue Energy Corporation for $105 per share. He paid a commission of $60 when he purchased this stock. He sold the stock 6 years later for $130 per share. When he sold it, he paid a commission of $80. While he held the stock, it paid a dividend of $4.00 per share. What was Anthony's total dollar return on this stock?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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What was anthony total $ return?
Transcribed Image Text:Anthony Jackson bought 300 shares of Blue
Energy Corporation for $105 per share. He paid a
commission of $60 when he purchased this stock.
He sold the stock 6 years later for $130 per share.
When he sold it, he paid a commission of $80.
While he held the stock, it paid a dividend of
$4.00 per share.
What was Anthony's total dollar return on this
stock?
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