Lexysmith1151 Lexysmith1151

11-05-2018
Mathematics

contestada

You purchased a share of stock for $30. one year later you received $1.50 as a dividend and sold the share for $32.25. what was your holding-period return?

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sqdancefan sqdancefan

11-05-2018

You received $1.50 +32.25 = $33.75 for your $30 investment. Your return was
(33.75/30.00 -1)*100% = 12.5%

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