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Holding-period dollar gain and return) Suppose you purchased 15 shares of Diamond Company stock for $20.07 per share on May 1, 2016. On September 1

Holding-period dollar gain and return) Suppose you purchased 15 shares of Diamond Company stock for $20.07 per share on May 1, 2016. On September 1 of the same year, you sold 13 shares of the stock for $15.74. Calculate the holding-period dollar gain for the shares you sold, assuming no dividend was distributed, and the holding-period rate of return.

a. The holding-period dollar gain for the shares you sold is $nothing. Enter a negative number if it is a loss.(Round to the nearest cent.)

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