One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

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Question

One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...

One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.42 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment?

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Answer 1

Answer #1

Ans $ 62.00

Po =	Purchase Price
P1 =	Sale Price

Total Return on Shares =	( Dividend + (P1 - P0)) * No of shares
	(1.42 + 17.86 - 18.97) * 200
	62.00

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Answer 2

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