Question

# You purchased 1900 shares of stock in Natural Chicken Wings Inc. at a price of 43.91...

You purchased 1900 shares of stock in Natural Chicken Wings Inc. at a price of 43.91 per share. Since you purchased the stock, you have received dividends of 1.31 per share. Today you sold your stock at a price of 48.78 per share. What was your total percentage return on this investment

Number of Shares Purchased = 1900

Purchasing Price per Share = \$ 43.91

Total Investment = Number of Shares Purchased * Purchasing Price per Share

= 1900 * \$ 43.91

= \$ 83429

Dividends per Share = \$ 1.31

Total Dividends = Number of Shares Purchased * Dividends

= 1900 * \$ 1.31

= \$ 2489

Selling Price per Share = \$ 48.78

Revenue from Selling Shares = Number of Shares Purchased * Selling Price per Share

= 1900 * \$ 48.78

= \$ 92682

Total Revenue = Revenues from Selling Shares + Total Dividends

= \$ 92682 + \$ 2489

= \$ 95171

= [ ( \$ 95171 - \$ 83429) / \$ 83429 ] * 100

= [ \$ 11742 / \$ 83429 ] * 100

= 0.1407 * 100

= 14.07 %

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