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Question: Sprint stock ended the previous year at $43.76 per share. It paid a $3.22 per share dividend last year. It ended last year at $39.29.

If you owned 800 shares of Sprint, what was your dollar return and percentage return?

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Computation of Dollar Return:

Dollar Return = (Ending Value-Beginning Value+Dividend)*Number of Shares

= (39.29-43.76+3.22)*800

= -$1,000 (Negative)

Computation of Percentage Return:

Percentage Return = Dollar Return/Beginning Value

= -1.25/43.76

= -2.86% (Negative)

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