You purchased a stock six months ago for $50 and have since received two quarterly dividend payments of $1 each. The stock currently sells for $44. What is your holding period return on this stock?

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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Need help with this financial accounting question

You purchased a stock six months ago for $50
and have since received two quarterly dividend
payments of $1 each. The stock currently sells
for $44. What is your holding period return on
this stock?
Transcribed Image Text:You purchased a stock six months ago for $50 and have since received two quarterly dividend payments of $1 each. The stock currently sells for $44. What is your holding period return on this stock?
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