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Brettpurchased1000sharesofstockinElectrodeSemiconductorCorpfor$7.50onJanuary1 st .Hereceived$0.375pershareindividendsonMarch31 st andonOctober30 th .OnDecember30 th hesells1000sharesfor$7.35.Whatishisone-yearholdingperiodrateofreturn? a. 5.1% b. 7.0% c. 8.0% d. -2.0%

  1. Brettpurchased1000sharesofstockinElectrodeSemiconductorCorpfor$7.50onJanuary1st.Hereceived$0.375pershareindividendsonMarch31standonOctober30th.OnDecember30thhesells1000sharesfor$7.35.Whatishisone-yearholdingperiodrateofreturn?

a.

5.1%

b.

7.0%

c.

8.0%

d.

-2.0%

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