David purchased 200 shares of Tesla Inc. at $225.50 per share on March 1, 2023. At the end of March, Tesla opened at $242.75 and closed at $247.40. What was Sarah's holding period return for March 2023? a. 7.62% b. 9.71% c. 8.15% d. 9.85%
David purchased 200 shares of Tesla Inc. at $225.50 per share on March 1, 2023. At the end of March, Tesla opened at $242.75 and closed at $247.40. What was Sarah's holding period return for March 2023? a. 7.62% b. 9.71% c. 8.15% d. 9.85%
Chapter13: Estate Taxes
Section: Chapter Questions
Problem 1SYPS
Question
Financial Accounting
![David purchased 200 shares of Tesla Inc. at $225.50 per share on
March 1, 2023. At the end of March, Tesla opened at $242.75 and
closed at $247.40. What was Sarah's holding period return for March
2023?
a. 7.62%
b. 9.71%
c. 8.15%
d. 9.85%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F08561944-cbea-4882-a18f-8684cd95fc73%2F7bb5d747-103a-498c-bed7-57fb31c4e18b%2Fl29w43k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:David purchased 200 shares of Tesla Inc. at $225.50 per share on
March 1, 2023. At the end of March, Tesla opened at $242.75 and
closed at $247.40. What was Sarah's holding period return for March
2023?
a. 7.62%
b. 9.71%
c. 8.15%
d. 9.85%
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