You purchased 800 shares of stock on december 31 2014 for, Financial Management

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You purchased 800 shares of stock on december 31 2014 for

You purchased 800 shares of stock on December 31, 2014 for $32.45 per share. The stock pays an annual dividend of $3.25 per share. (Assume dividends are paid at the end of the year.) On December 31, 2015, the market price is $43.59 per share. What is your percentage return on the investment for the year?

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Financial Management: You purchased 800 shares of stock on december 31 2014 for

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