Marie and bob houmas purchased 208 shares of general


Marie and Bob Houmas purchased 208 shares of General Electric stock for $24 a share. One year later, they sold the stock for $31 a share. They paid their broker a $132 commission when they purchased the stock and a $154 commission when they sold it. During the 12 months they owned the stock, they received $176 in dividends. Calculate the total return on this investment.

Total return        $

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Financial Management: Marie and bob houmas purchased 208 shares of general
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