Assume That You Purchased 200 Shares of C-Mac Industries Stock

question 86

Multiple Choice

Assume that you purchased 200 shares of C-Mac Industries stock for $110 a share, that you received an annual dividend of $4.00 a share, and that you then sold your stock for $130 a share at the end of one year. What is the total profit on your investment? (Ignore commission amounts for this question.)

• A) $200
• B) $400
• C) $1,200
• D) $800
• E) $2,200

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