You purchased a share of stock for $120. One year later, you received $1.82 as a dividend and sold the share for $136. What was your holding-period return? Multiple Choice 15.67% 18.85% 13.24%
You purchased a share of stock for $120. One year later, you received $1.82 as a dividend and sold the share for $136. What was your holding-period return? Multiple Choice 15.67% 18.85% 13.24%
Chapter5: The Cost Of Money (interest Rates)
Section: Chapter Questions
Problem 2PROB
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You purchased a share of stock for $120. One year later, you received $1.82 as a dividend and sold the share for $136. What was your holding-period return?
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