Problem: A year ago, Andy purchased 300 shares of RWJ stock for $14,400. The stock is currently selling for $36 a share and Andy has decided to sell all of his shares.
Required:
Question: What is total return that Andy has earned on this investment if he received a special dividend of $5 a share?
a. -19.44%
b. -1.38%
c. -14.58%
d. -25.00%
e. -8.89%