You purchased 300 shares of Deltona stock for $43.90 a share. You have received a total of $630 in dividends and $14,620 in proceeds from selling the shares. What is your percentage return on this stock? )11.01% () 15.79% ()9.45%

You purchased 300 shares of Deltona stock for $43.90 a share. You have received a total of $630 in dividends and $14,620 in proceeds from selling the shares. What is your percentage return on this stock? )11.01% () 15.79% ()9.45%

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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Question

You purchased 300 shares of Deltona stock for $43.90 a share. You have received a total of
$630 in dividends and $14,620 in proceeds from selling the shares. What is your percentage
return on this stock?
11.01%
()15.79%
945%
6.23%

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