Suppose you bought 250 shares of stock at an initial price


Suppose you bought 250 shares of stock at an initial price of $48 per share. The stock paid a dividend of $.48 per share during the following year, and the share price at the end of the year was $51. Compute your total dollar return on this investment. (Omit the "$" sign in your response.)

Total dollar return $

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Financial Management: Suppose you bought 250 shares of stock at an initial price
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