Total dollar return on investment


Problem:

Four months ago, you purchased 1,500 shares of Lakeside Bank stock for $11.20 a share. You have received dividend payments equal to $0.25 a share. Today, you sold all of your shares for $8.60 a share.

Required:

Question: What is your total dollar return on this investment?

Note: Please provide full description.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Total dollar return on investment
Reference No:- TGS0888518

Expected delivery within 24 Hours