Sarah and james hernandez purchased 140 shares of macys


Question: Sarah and James Hernandez purchased 140 shares of Macy's stock at $57 a share. One year later, they sold the stock for $61 a share. They paid a broker an $8 commission when they purchased the stock and a $12 commission when they sold the stock. During the 12-month period the couple owned the stock, Macy's paid dividends that totaled $1.00. Calculate the Hernandezes' total return for this investment.

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Finance Basics: Sarah and james hernandez purchased 140 shares of macys
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