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ABC Corporations monthly share prices are listed below together with a description of the rights issue occurring during the month which affect the market price

ABC Corporations monthly share prices are listed below together with a description of the rights issue occurring during the month which affect the market price of the companys shares.

Closing market ex price

Event

Start of the month

$5.00

End of the month

$5.20

1 for 2 rights issue at a subscription price of $3

What is the one-month holding period return for the investor who bought a share at the beginning of the month?

Group of answer choices

26%

14%

18%

22%

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