Suppose you purchased $16$ shares of Diamond Company stock for $$$$24\mathrm{.}22$ per share on May$1,2016.$ On September $1$ of the same$$ year, you sold $12$ shares of the stock for $$$$25\mathrm{.}68.$ Calculate the$$ holding$-$period dollar gain for the shares you$$ sold, assuming no dividend was$$ distributed, and the$$ holding$-$period rate of return.

Question content area bottom

Part $1$

a$.$ The$$ holding$-$period dollar gain for the shares you sold is $$$

$$

enter your response here. Enter a negative number if it is a loss.$($Round to the nearest$$ cent.$)$