Seven months ago, you purchased 120 shares of stock in Evergreen Technologies at a price of $51.85 per share. The stock pays a quarterly dividend of $0.12 per share. Today, you sold all of your shares for $54.96 per share. What is your holding period total return?
Seven months ago, you purchased 120 shares of stock in Evergreen Technologies at a price of $51.85 per share. The stock pays a quarterly dividend of $0.12 per share. Today, you sold all of your shares for $54.96 per share. What is your holding period total return?
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section15.5D: Liabilities And Owners’ Equity
Problem 3CC
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
Transcribed Image Text:Seven months ago, you purchased 120 shares of stock in Evergreen
Technologies at a price of $51.85 per share. The stock pays a quarterly dividend
of $0.12 per share. Today, you sold all of your shares for $54.96 per share.
What is your holding period total return?
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