Hayley purchased 9 0 0 shares of Pelican Town Inc. common stock exactly one year ago for

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Question:

Hayley purchased

900

shares of Pelican Town Inc. common stock exactly one year ago for $

56.60

per share. Today, the corporation\'s shares are selling for $

53.80

per share. Over the last year, the corporation paid out a total of $

7.61

per share in dividends. What was Hayley\'s holding period dollar gain

(

or loss

)

for the year? Submit your final answer rounded to two decimal places

(

.

0.00)

Posted Date: May 10, 2024 04:02 AM

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Hayley purchased 9 0 0 shares of Pelican Town Inc. common stock exactly one year ago for

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Expert Answer:

To calculate Hayleys holding period dollar gain or loss for the yea... View the full answer

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