Tammy jackson purchased 187 shares of all-american, Ask an Expert

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Tammy Jackson purchased 187 shares of All-American Manufacturing Company stock at $34.50 a share. One year later, she sold the stock for $43 a share. She paid her broker a $36 commission when she purchased the stock and a $45 commission when she sold it. During the 12 months she owned the stock, she received $237 in dividends. Calculate Tammy’s total return on this investment. (Round intermediate calculations and final answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91544436

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