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You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Dollar gain or

You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Dollar gain or loss; and (b) HPR?

  • A.

    $2.38; 6.3%

  • B.

    $6.30; 2.4%

  • C.

    $2.38; 5.9%

  • D.

    $77.98; 20.6%

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