If you purchase 100 shares of Ajax Corporation for $15.00 a share and one year later sell it for $20.00 a share, what was your return if the stock paid $2.00 per share dividends? (Ignore commissions and trading fees. Round to the nearest whole percent..

A. 33%
B. 10%
C. 47%
D. 40%

Answer: C. 47%

Business

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