Answer:
Total dollar return is $ 2,149.20
Explanation:
The dollar return is the increase in price per share plus the dividend per share multiplied by the number of shares purchased.
The increase in share price=P1-Po
P1 is the price now which is $82.84
Po is the initial price of $76.33
The increase in share price=$82.84-$76.33=$6.51
Total return per share =$6.51 +$1.45=$7.96
Total dollar return=number of shares* total return per share=$7.96*270=$ 2,149.20
Total dollar return on the investment in shares is $ 2,149.20
