Tammy Jackson purchased 152 shares of All-American Manufacturing Company stock at $33.30 a share. One year later, she sold the stock for $41 a share. She paid her broker a $35 commission when she purchased the stock and a $52 commission when she sold it. During the 12 months she owned the stock, she received $161 in dividends. Calculate Tammy's total return on this investment. Note: Round all intermediate calculations and final answer to the nearest whole number. Total return $ 210 X

Tammy Jackson purchased 152 shares of All-American Manufacturing Company stock at $33.30 a share. One year later, she sold the stock for $41 a share. She paid her broker a $35 commission when she purchased the stock and a $52 commission when she sold it. During the 12 months she owned the stock, she received $161 in dividends. Calculate Tammy's total return on this investment. Note: Round all intermediate calculations and final answer to the nearest whole number. Total return $ 210 X

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 2P

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