Question
You purchased stock in FIS for $16 per share on January 1, 2009. Over the next year you received $1.10 per share in dividends. On
You purchased stock in FIS for $16 per share on January 1, 2009. Over the next year you received $1.10 per share in dividends. On December 31, 2009 you sold FIS for $22 per share. What has been your total holding period return (in percent) over the one-year period? [Hint: use the formula (dividends + selling price)/purchase price)-1]
| 13.23% |
| 77.73% |
| 105.00% |
| 44.38% |
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
