Sarah and james hernandez purchased 330 shares of, Ask an Expert

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Sarah and James Hernandez purchased 330 shares of Macy’s stock at $39 a share. One year later, they sold the stock for $44.80 a share. They paid a broker a commision of $13 when they purchased the stock and a commision of $21 when they sold the stock. During the 12-month period the couple owned the stock, Macy’s paid dividends of $0.70 per share. Calculate the Hernandez total return for this investment.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93054113

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