Question $2$

Assume you purchased $100$ shares of stock at the beginning of the year for $120$ per share. A year later the stock was worth $117$ per share and paid a dividend of $4\mathrm{.}5$ per share during the year. Calculate the holding period return as a percentage of the initial investment.

$0\%$

$1\mathrm{.}25\%$

$12\mathrm{.}5\%$

$125\%$