Spartan Sofas, Inc

question 46

Multiple Choice

Spartan Sofas, Inc. is selling for $50.00 per share today. In one year, Spartan will be selling for $48.00 per share, and the dividend for the year will be $3.00. What is the cash return on Spartan stock?

• A) $51.00
• B) $1.00
• C) $2.00
• D) $3.00

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