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Exactly one year ago, Harv bought 500 shares of Primer Corp stock for $20.75 per share. He plans on selling all of the shares today
Exactly one year ago, Harv bought 500 shares of Primer Corp stock for $20.75 per share. He plans on selling all of the shares today at the current market price of $22.50 per share. Over the last year, Primer Corp. paid out dividends of $0.75 per share on its common stock. What is Harvs holding period return for the year on Primer Corp. stock? Submit your answer as a percentage and round to two decimal places.
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