You Purchased a Share of Stock for $65

question 7

Multiple Choice

You purchased a share of stock for $65.One year later, you received $2.37 as a dividend and sold the share for $63.What was your holding-period return?

• A)0.57%
• B)-0.2550%
• C)-0.89%
• D)1.63%

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Definitions:

Young Adults

Young adults are individuals who are in a transitional stage of physical and psychological development that generally occurs during the period from the late teens through the twenties.

Optimistic

Possessing a hopeful or confident attitude towards the future or the success of something.

Explanatory Style

A way of explaining to ourselves ourrelative lack of control over our environment. An optimistic explanatory style can prevent learned helplessness; a pessimisticexplanatory style spreads helplessness to all facets of life.

Recovery

Recovery is the process of returning to a normal state of health, mind, or strength after experiencing illness, addiction, or trauma.