At the start of the year, you purchase 200 shares of Manor Corporation at $25 per share. During the year, you receive $2.25 in dividends. At the end of the year, the stock price has declined to $20 per share. Calculate your total dollar return for the year. Multiple Choice   $550   ($550)   $1,450   ($1,450)   $8,550

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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At the start of the year, you purchase 200 shares of Manor Corporation at $25 per share. During the year, you receive $2.25 in dividends. At the end of the year, the stock price has declined to $20 per share. Calculate your total dollar return for the year.

Multiple Choice

  •  
    $550
  •  
    ($550)
  •  
    $1,450
  •  
    ($1,450)
  •  
    $8,550
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