On 3/30/22 you purchased 1 share of Ford Motor company for $9. On 7/1/22 you received a dividend of $1.15. On 12/10/22 you sold your share to but holiday gifts for $10.30. What was your total return on your investment? 16% O 23% O 27.2% O 37%

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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On 3/30/22 you purchased 1 share of Ford Motor company for $9. On 7/1/22 you received a
dividend of $1.15. On 12/10/22 you sold your share to but holiday gifts for $10.30. What was
your total return on your investment?
16%
O 23%
O 27.2%
O 37%
Transcribed Image Text:On 3/30/22 you purchased 1 share of Ford Motor company for $9. On 7/1/22 you received a dividend of $1.15. On 12/10/22 you sold your share to but holiday gifts for $10.30. What was your total return on your investment? 16% O 23% O 27.2% O 37%
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