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How did they get A/Can you explain in details please/Thanks 4. You purchased 500 shares of A.M.J. Inc. common stock one year ago for $50

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How did they get A/Can you explain in details please/Thanks

4. You purchased 500 shares of A.M.J. Inc. common stock one year ago for $50 per share. You received a dividend of $2 per share today and decide to take your profits by selling at $54.50 per share. Your required return is 18%. What is your percentage holding period return? A) 13.0% B) 9.0% C) 6.5% D) 4.0% Answer: A

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