28 Jun Question Wanda Sotheby purchased 120 shar
Question
Wanda Sotheby purchased 120 shares of Home Depot stock at $82 a share. One year later, she sold the stock for $74 a share. She paid her broker a commision of $34 when she purchased the stock and a commision of $39 when she sold it. During the 12 months she owned the stock, she received $188 in dividends. Calculate Wanda’s total return on this investment.
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