One year ago you purchased 400 shares of stock for 12 a, Ask an Expert

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One year ago, you purchased 400 shares of stock for $12 a share. The stock pays $0.22 a share in dividends each year. Today, you sold your shares for $28.50 a share. What is your total dollar return on this investment?

a- $6.222

b- $6,432

c- $6,520

d- $6,220

e- $6,608

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