During the year he received dividend checks amounting to, Financial Management

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During the year he received dividend checks amounting to

1. Return on Stock. Joel purchased 100 shares of stock for $20 per share. During the year, he received dividend checks amounting to $150. Joel recently sold the stock for $32 per share. What was Joel's return on the stock?

2. Dollar Amount of Return. What is the dollar amount of Joel's return?

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Financial Management: During the year he received dividend checks amounting to

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