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23.An investor purchased a stock ten years ago for $42.The current price of the stock is $38, and over the years the investor collected 12
23.An investor purchased a stock ten years ago for $42.The current price of the stock is $38, and over the years the investor collected 12 quarterly dividends of $0.12 each and 28 quarterly dividends of $0.15 each.What is the Holding Period Return (HPR) of the investment? A. 3.4% B. 3.9% C. 4.2% D. 4.7%
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