A Year Ago,you Purchased 300 Shares of IXC Technologies,Inc

question 41

Multiple Choice

A year ago,you purchased 300 shares of IXC Technologies,Inc. stock at a price of $10.05 per share. The stock pays an annual dividend of $.10 per share. Today,you sold all of your shares for $29.32 per share. What is your total dollar return on this investment?

• A) $8,781
• B) $8,796
• C) $8,811
• D) $8,832
• E) $8,921

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