If the Sum of Dividends Is $45,000,gains in Principal Invested

question 21

Multiple Choice

If the sum of dividends is $45,000,gains in principal invested are $2,500,and the original cost is $365,500,what is the holding period return?

• A)Approximately 13%
• B)Approximately 11.5%
• C)Approximately 11%
• D)Approximately 10.5%
• E)None of the above

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Definitions:

Elderly Parents

Refer to parents who are of advanced age, often requiring care, support, or assistance from their children or other family members due to health or mobility issues.

Grandchildren

The children of one's son or daughter, representing the next generation within a family lineage.

Fewer Family Responsibilities

A situation or condition where an individual has a reduced number or intensity of obligations or duties towards family care and upkeeping.

Redefining the Self

The process of reevaluating and altering one's identity or self-concept, often due to significant life events or personal development.