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Business, 12.03.2021 15:10 jimmyjimjim

Tammy Jackson purchased 104 shares of All-American Manufacturing Company stock at $40.50 a share. One year later, she sold the stock for $48 a share. She paid her broker a $34 commission when she purchased the stock and a $50 commission when she sold it. During the 12 months she owned the stock, she received $177 in dividends. Calculate Tammy’s total return on this investment.

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