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On July 3, 2009, Devin Purchased 100 Shares of CDEF

question 49

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On July 3, 2009, Devin purchased 100 shares of CDEF stock at a cost of $30 per share. His commission was $29. He sold his shares on July 6, 2011, at a price of $45 per share less another $29 commission. During the time he held the stock, he earned dividends of $2.50 per share. What was his total return on his investment?


Definitions:

Urinary Organs

Organs involved in the production, storage, and elimination of urine, including the kidneys, ureters, bladder, and urethra.

Pyelonephrosis

Pyelonephrosis is a condition characterized by dilation of the renal pelvis and calyces, often due to obstruction or infection.

Hydronephrosis

Swelling of a kidney due to a build-up of urine, often caused by an obstruction in the urinary tract.

Intravenous Pyelogram

A radiographic procedure that uses a contrast dye to visualize the kidneys, ureters, and bladder.

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