Find total dollar return on the investment


Four months ago, you purchased 1,200 shares of Lakeside Bank stock for $23.32 a share. You have received dividend payments equal to $.63 a share. Today, you sold all of your shares for $24.32 a share. What is your total dollar return on this investment?

a) $756
b) $3,912
c) $1,200
d) $1,512
e) $1,956

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Finance Basics: Find total dollar return on the investment
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