Bob buys 80 shares of IBM stock which was trading at $118 per share. He is interested in the dividend they are paying, which is $6.00 per share during the time he held the shares. After 12 months, he decides to sell all 80 shares. At the time of the sale, IBM was trading at $114 per share. 1. Not including the commission to the brokerage firm, how much did Bob pay to purchase his shares in IBM? That is, what is his initial investment? Group of answer choices $9440 $118 $6 $80 2. How much did IBM pay him in dividends during that year? Group of answer choices $480 $6 $114 $80 3.How much did he get back from the brokerage firm when he sold his shares, excluding commission? Group of answer choices $9120 $9440 $480 0 4. How much did he gain or lose overall in USD? Group of answer choices $160 $480 $9120 $9440