Hannah purchased 65 shares of best buy stock at $36 per share. after 3 years, hannah sold the stock for $43 per share. during the time she held the stock, hannah received the dividends totaling $4.00 per share. what is hannah’s total return?

$715

Explanation:

Data provided in the question:

Number of shares purchased by Hannah = 65

Buying price of the shares = $36 per share

Selling cost of the share = $43 per share

Total Dividends received = $4.00 per share

Now,

Capital return per share = Selling cost - Buying cost

= $43 - $36

= $7 per share

Therefore,

Total return per share = Capital return  + Dividends received

= $7 + $4

= $11

Thus,

Total return = Number of share × Total return per share

= 65 × $11

= $715

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