You purchased a share of stock for Rs 250. One year later you received Rs 5 as dividend and sold the share for Rs 320. Holding period return would be a. 12 percent b. 21 percent c. 30 percent d. 54 percent
You purchased a share of stock for Rs 250. One year later you received Rs 5 as dividend and sold the share for Rs 320. Holding period return would be a. 12 percent b. 21 percent c. 30 percent d. 54 percent
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 10P
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Question
You purchased a share of stock for Rs 250. One year later you received Rs 5 as dividend and sold the share for Rs 320. Holding period return would be
a.
12 percent
b.
21 percent
c.
30 percent
d.
54 percent
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