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Suppose you purchased 18 shares of Disney stock for $23.21 per share on May 1, 2012. On September 1 of the same year, you sold

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Suppose you purchased 18 shares of Disney stock for $23.21 per share on May 1, 2012. On September 1 of the same year, you sold 14 shares of the stock for $18.80. Assume no dividend was distributed. The holding-period rate of return is (refer the previous question). -16.00% - 19.00% -17.98% +19.02%

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