You purchased stock of Blue McBrushes Corp one year ago for $85 and generated a total return of 20% during that time. If you just sold the stock for $89.50, then what were the total dividends that you received during the year? Group of answer choices $13.18 $12.73 $12.50 none of the above

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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You purchased stock of Blue McBrushes Corp one year ago for $85 and generated a total return of 20%
during that time. If you just sold the stock for $89.50, then what were the total dividends that you received
during the year? Group of answer choices $13.18 $12.73 $12.50 none of the above
Transcribed Image Text:You purchased stock of Blue McBrushes Corp one year ago for $85 and generated a total return of 20% during that time. If you just sold the stock for $89.50, then what were the total dividends that you received during the year? Group of answer choices $13.18 $12.73 $12.50 none of the above
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