You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.

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ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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QUESTION 11

  1. Exhibit 1.7

    USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

     

    You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.

     


    Refer to Exhibit 1.7. Calculate your holding period return (HPR) for this investment in GE stock.
      a.
    0.9655
      b.
    1.0973
      c.
    1.0804
      d.
    1.0086
      e.
    1.0357
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