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Suppose you purchased 19 shares of Disney stock for $23.95 per share on May 1, 2012. On September 1 of the same year, you sold
Suppose you purchased 19 shares of Disney stock for $23.95 per share on May 1, 2012. On September 1 of the same year, you sold 19 shares of the stock for $22.00. Calculate the holding-period dollar gain for the shares you sold, assuming no dividend was distributed, and the holding-period rate of return.
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