Six months ago, you purchased 100 shares of stock in ABC at a price of $43.26 a share. The stock pays a quarterly dividend of $0.10 a share. Today, you sold all of your shares for $46.71 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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Solve this question general Accounting

Six months ago, you purchased 100 shares of
stock in ABC at a price of $43.26 a share. The
stock pays a quarterly dividend of $0.10 a
share. Today, you sold all of your shares
for $46.71 per share. What is your holding
period total return?
Transcribed Image Text:Six months ago, you purchased 100 shares of stock in ABC at a price of $43.26 a share. The stock pays a quarterly dividend of $0.10 a share. Today, you sold all of your shares for $46.71 per share. What is your holding period total return?
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