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

question 49

Multiple Choice

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?

• A) $250
• B) $1,492
• C) $1,692
• D) $1,721
• E) $1,750

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Definitions:

Conscious

The condition of recognizing and reflecting on one's own being, feelings, ideas, and environment.

Sex

A biological classification based on reproductive functions, typically categorized as male, female, or intersex, often influencing social roles and personal identity.

Aggression

Behaviors or actions, whether physical or verbal, intended to harm or intimidate another individual.

Self-actualization

The achievement or satisfaction of an individual's talents and capacities, seen as an innate desire or necessity in each person.