Two years ago, you bought 150 shares of Blue Electronics for $6,300. During your holding period, you received $375 in dividends from this investment. Today, you sold all your shares for $9,800. What is the total dollar amount you cleared on this investment?
Two years ago, you bought 150 shares of Blue Electronics for $6,300. During your holding period, you received $375 in dividends from this investment. Today, you sold all your shares for $9,800. What is the total dollar amount you cleared on this investment?
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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Transcribed Image Text:Two years ago, you bought 150 shares of Blue Electronics for
$6,300. During your holding period, you received $375 in dividends
from this investment. Today, you sold all your shares for $9,800.
What is the total dollar amount you cleared on this investment?
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