Sarah purchased 200 shares of Tesla Inc. at $225.50 per share on March 1, 2024. At the end of March, Tesla closed at $248.75 per share. Calculate Sarah's holding period return for March 2024. A. 10.31% B. 10.25% C. 10.45% D. 10.75% E. 10.35%

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
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Sarah purchased 200 shares of Tesla Inc. at $225.50 per
share on March 1, 2024. At the end of March, Tesla closed
at $248.75 per share. Calculate Sarah's holding period
return for March 2024.
A. 10.31%
B. 10.25%
C. 10.45%
D. 10.75%
E. 10.35%
Transcribed Image Text:Sarah purchased 200 shares of Tesla Inc. at $225.50 per share on March 1, 2024. At the end of March, Tesla closed at $248.75 per share. Calculate Sarah's holding period return for March 2024. A. 10.31% B. 10.25% C. 10.45% D. 10.75% E. 10.35%
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