Four months ago, you purchased 900 shares of LBM stock for $7.68 a share. Last month, you received a dividend payment of $0.12 a share. Today, you sold the shares for $9.13 a share. What is your total dollar return on this investment?
a. $1,305
b. $1,413
c. $1,512
d. $1,394
e. $1,080
Answers: 1
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