Investment - Total Rate of Return. Bailee purchased 475 shares of Millersview Corp. at $22.78 and sold them a year later at $25.75. With 1% commission rate on each transaction and a dividend of $1.93 per sharelthroughout this year, what was the return on her investment? O a 8.38% O b. 17.28% Oc 10.75% Od. 19.14%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter5: The Cost Of Money (interest Rates)
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Investment - Total Rate of Return. Bailee purchased 475 shares of Millersview Corp. at $22.78 and sold them a year later
at $25.75. With 1% commission rate on each transaction and a dividend of $1.93 per sharelthroughout this year, what
was the return on her investment?
O a 8.38%
O b. 17.28%
Oc 10.75%
O d. 19.14%
Transcribed Image Text:Investment - Total Rate of Return. Bailee purchased 475 shares of Millersview Corp. at $22.78 and sold them a year later at $25.75. With 1% commission rate on each transaction and a dividend of $1.93 per sharelthroughout this year, what was the return on her investment? O a 8.38% O b. 17.28% Oc 10.75% O d. 19.14%
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