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( Holding-period dollar gain and return ) Suppose you purchased 19 shares of Disney stock for $26.71 per share on May 1, 2012. On September

(Holding-period dollar gain and return) Suppose you purchased 19 shares of Disney stock for $26.71 per share on May 1, 2012. On September 1 of the same year, you sold 17 shares of the stock for $30.33. 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 $____. Enter a negative number if it is a loss.

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