One year ago, Bronwyn purchased 100 shares of Upgo stock at a price of $37.36 per share. The stock pays an annual dividend of $6.00 per share. Today, she sold all her shares for $28.50 per share. What is her total dollar return on this investment? Multiple Choice O O $788 -$374 -$286 -$1,486

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
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One year ago, Bronwyn purchased 100 shares of Upgo stock at a price of $37.36 per share. The
stock pays an annual dividend of $6.00 per share. Today, she sold all her shares for $28.50 per
share. What is her total dollar return on this investment?
Multiple Choice
O
O
$788
O
-$374
-$286
O-$1,486
$149
Transcribed Image Text:One year ago, Bronwyn purchased 100 shares of Upgo stock at a price of $37.36 per share. The stock pays an annual dividend of $6.00 per share. Today, she sold all her shares for $28.50 per share. What is her total dollar return on this investment? Multiple Choice O O $788 O -$374 -$286 O-$1,486 $149
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