Suppose you purchased 20 shares of Apple stock for 25.35 SAR per share on April, 1 2021 and sold 12 shares for 28.35 SAR on August 1, 2022.

Calculate the holding-period SAR gain for the shares you sold, assuming no dividends was distributed , and the holding-period rate of return.

Solution:
DATA
HOLDING PERIOD SARS GAIN AND RETURN
DATA
Purchase price	25.35
Selling price	28.32
Shares sold	12
Holding-period gain
Holding-period return