Answer:
2.7%
Step-by-step explanation:
Given that
Number of shares purchased = 250
Purchase price = $37 per share
Dividend paid = $8 per share
Selling price = $30 per share
Return on investment = Capital return + dividend return
where,
Capital return is
= ($30 - $37) ÷ ($37)
= -0.189%
And, the dividend return is
= ($8) ÷ ($37)
= 0.216%
So, the return on this investment is
= 2.7%