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(Holding-period dollar gain and return) Suppose you purchased 14 shares of Disney stock for $ 28.52 per share on May 1, 2009. On September 1
(Holding-period dollar gain and return) Suppose you purchased 14 shares of Disney stock for $ 28.52 per share on May 1, 2009. On September 1 of the same year, you sold 14 shares of the stock for $ 31.10 . Assuming no dividend was distributed, calculate the holding-period dollar gain or loss and the holding-period rate of return for the shares you sold. a.
The holding-period dollar gain for the shares you sold is ? . Enter a negative number if it is a loss.
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