Question
Brett purchased 1000 shares of stock in Electrode Semiconductor Corp for $7.50 on January 1 st . He received $0.375 per share in dividends on
Brett purchased 1000 shares of stock in Electrode Semiconductor Corp for $7.50 on January 1st. He received $0.375 per share in dividends on March 31st and on October 30th. On December 30th he sells 1000 shares for $7.35. What is his one-year holding period rate of return?
| a. | 8.0% | |
| b. | 5.1% | |
| c. | 7.0% | |
| d. | -2.0% |
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Health Care Finance Economics And Policy For Nurses
Authors: Betty Rambur
2nd Edition
0826152538, 978-0826152534
