Correct option? ? General Accounting question One year ago, you purchased 300 shares of Tech Innovators, Inc. stock at a price of $12.50 pershare. The company pays an annual dividend of $0.25 per share. Today, you sold all of yourshares for $18.75 per share.Calculate your total percentage return on this investment.A. 52%B. 55%C. 50%D. 58%E. 60%

Step 1: Define Total Percentage ReturnTotal percentage return measures the overall gain or loss on…

Answered: One year ago, you purchased 300 shares…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 5P

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