Question
A year ago Jing purchased 100 shares of Longcorp for $7.47 per share. Each share received a dividend of $1.25 and a realized capital gain
A year ago Jing purchased 100 shares of Longcorp for $7.47 per share. Each share received a dividend of $1.25 and a realized capital gain of $0.71. The shares are now worth $9.53.
What is the holding period return?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
