You bought 360 shares of stock at a total cost of $7,754.40.You received a total of $403.20 in dividends and sold your shares for $19.98 a share.What was your total rate of return?
A)3.67 percent
B)−2.04 percent
C)−1.29 percent
D)7.24 percent
E)5.38 percent

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The Answer of You bought 360 shares of stock at a total cost of $7,754.40.You received a total of $403.20 in dividends and sold your shares for $19.98 a share.What was your total rate of return?
A)3.67 percent
B)−2.04 percent
C)−1.29 percent
D)7.24 percent
E)5.38 percent

You Bought 360 Shares of Stock at a Total Cost