At the start of the year, you purchase 200 shares of Manor Corporation at $25 per share. During the year, you receive $2.25 in dividends. At the end of the year, the stock price has declined to $20...

At the start of the year, you purchase 200 shares of Manor Corporation at $25 per share. During the year, you receive $2.25 in dividends. At the end of the year, the stock price has declined to $20 per share. Calculate your total dollar return for the year.

Multiple Choice

• 
  
  
  

  
  $550
  
  


• 
  
  
  

  
  ($550)
  
  


• 
  
  
  

  
  $1,450
  
  


• 
  
  
  

  
  ($1,450)
  
  


• 
  
  
  

  
  $8,550