QUESTION
51. One year ago, Theresa purchased 600 shares of Outland Co. stock for $3,600. The stock does not pay any regular divid
Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 11:05:38
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51. One year ago, Theresa
purchased 600 shares of Outland Co. stock for $3,600. The stock does not pay
any regular dividends but it did pay a special dividend of $0.25 a share last
week. This morning, she sold her shares for $7.25 a share. What was the total
return on this investment?
A. 18.00 percent
B. 20.83 percent
C. 22.50 percent
D. 25.00 percent
E. 27.33 percent
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51. One year ago, Theresa purchased 600 shares of Outland Co. stock for $3,600. The stock does not pay any regular divid
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...res for $7.25 a share. What was the total return on this investment? A. 1...
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