If you purchased a stock for $110 and sold it for $98 after 14 months, and you received dividends of $12 during that period, what was your total return on this investment? A) -10.9% B) 0.0% C) 10.9% D) -1.8% E) 1.8%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Hii expert please given correct answer financial accounting

If you purchased a stock for $110 and sold it for $98 after 14
months, and you received dividends of $12 during that period,
what was your total return on this investment?
A) -10.9%
B) 0.0%
C) 10.9%
D) -1.8%
E) 1.8%
Transcribed Image Text:If you purchased a stock for $110 and sold it for $98 after 14 months, and you received dividends of $12 during that period, what was your total return on this investment? A) -10.9% B) 0.0% C) 10.9% D) -1.8% E) 1.8%
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