ou purchased 850 shares of Sea Inc. common stock one year ago for $47 per share. You received a dividend of $1.35 per share today and decide to take your profits by selling at $52.50 per share. What is your olding period rate of return? A. 12.72% B. 14.57% OC. 11.70% OD. 8.58% OE. None of the above.
ou purchased 850 shares of Sea Inc. common stock one year ago for $47 per share. You received a dividend of $1.35 per share today and decide to take your profits by selling at $52.50 per share. What is your olding period rate of return? A. 12.72% B. 14.57% OC. 11.70% OD. 8.58% OE. None of the above.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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
Transcribed Image Text:ou purchased 850 shares of Sea Inc. common stock one year ago for $47 per share. You received a dividend of $1.35 per share today and decide to take your profits by selling at $52.50 per share. What is your
Olding period rate of return?
A. 12.72%
B. 14.57%
OC. 11.70%
O D.8.58%
O E. None of the above.
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