An investor purchased 100 shares of a stock for USD34.50 per share at the beginning of the
Question:
An investor purchased 100 shares of a stock for USD34.50 per share at the beginning of the quarter. If the investor sold all of the shares for USD30.50 per share after receiving a USD51.55 dividend payment at the end of the quarter, the investor’s holding period return is closest to:
A. −13.0 percent.
B. −11.6 percent.
C. −10.1 percent.
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C is correct Applying Equation 2 the holding period ret...View the full answer
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