You purchased 100 shares of Aerology Corp. at $180 per share. After three months, you sell the stock for $205 per share. During that period, you receive a dividend of $1.10 per share. What is your total dollar return on the investment?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
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What is your total dollar return on the investment of this financial accounting question?

You purchased 100 shares of Aerology Corp. at $180 per share.
After three months, you sell the stock for $205 per share. During
that period, you receive a dividend of $1.10 per share.
What is your total dollar return on the investment?
Transcribed Image Text:You purchased 100 shares of Aerology Corp. at $180 per share. After three months, you sell the stock for $205 per share. During that period, you receive a dividend of $1.10 per share. What is your total dollar return on the investment?
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