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

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

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

Section: Chapter Questions

Problem 1PS

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Question

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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