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?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 17P
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What is your holding period total return of this financial accounting question?

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?
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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