You bought 100 shares of Oil Slick stock nine months ago for $46 per share, received two $50 dividend checks, and sold the stock today at $39 a share. What is your Holding Period Return? a. 5.56% b. 8.33% c. 11.11% d. 6.94% e. None of the above.
You bought 100 shares of Oil Slick stock nine months ago for $46 per share, received two $50 dividend checks, and sold the stock today at $39 a share. What is your Holding Period Return? a. 5.56% b. 8.33% c. 11.11% d. 6.94% e. None of the above.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
What is your holding period return on these financial accounting question?

Transcribed Image Text:You bought 100 shares of Oil Slick stock nine
months ago for $46 per share, received two
$50 dividend checks, and sold the stock
today at $39 a share. What is your Holding
Period Return?
a. 5.56%
b. 8.33%
c. 11.11%
d. 6.94%
e. None of the above.
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