Six months ago you purchased 1200 shares of abc stock for, Ask an Expert

Finance

Six months ago, you purchased 1,200 shares of ABC stock for $21.20 a share. You have received dividend payments equal to $.60 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investment?

A. $720

B. $1,200

C. $1,440

D. $1,920

E. $3,840

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