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Problem:

Four months ago, you purchased 1,500 shares of Lakeside Bank stock for $11.20 a share. You have received dividend payments equal to $0.25 a share. Today, you sold all of your shares for $8.60 a share.

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Question: What is your total dollar return on this investment?

Note: Please provide full description.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91169696

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