Six months ago, you purchased 100 shares of stock in ABC at a price of $43.26 a share. The stock pays a quarterly dividend of $.10 a share. Today, you sold all of your shares for $46.71 per share. a) What is your holding period total return? b) Discuss the importance of holding period rate of return to an investor.
Six months ago, you purchased 100 shares of stock in ABC at a price of $43.26 a share. The stock pays a quarterly dividend of $.10 a share. Today, you sold all of your shares for $46.71 per share. a) What is your holding period total return? b) Discuss the importance of holding period rate of return to an investor.
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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Six months ago, you purchased 100 shares of stock in ABC at a price of $43.26 a share. The stock pays a quarterly dividend of $.10 a share. Today, you sold all of your shares for $46.71 per share.
a) What is your holding period total return?
b) Discuss the importance of holding period
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