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Jacky earned a total holding period return of 30% by holding a share for 12 months. Jacky purchased the share for $15 and sold the
Jacky earned a total holding period return of 30% by holding a share for 12 months. Jacky purchased the share for $15 and sold the share for $18. Assume he received an annual dividend during the holding period. How much dividend did Jacky receive on this share? a. $3.00 b. $1.50 c. More information is required to calculate the dividend received by Jacky. d. $4.50 e. $2.00
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