The Holding Period Return on a Share Was 32

question 53

Multiple Choice

The holding period return on a share was 32%. Its beginning price was $25 and its cash dividend was $1.50. Its ending price must have been ________.

• A)$28.50
• B)$33.20
• C)$31.50
• D)$29.75

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Definitions:

Least Profitable

Describes the product, service, or business segment that generates the smallest amount of profit relative to others.

Product Ranking

The process of ordering products based on criteria such as sales performance, profitability, or strategic importance.

Variable Selling Expense

Costs that vary directly with the level of sales, such as commissions and credit card fees, as opposed to fixed selling expenses like salaries.

Specialized Machine

Equipment designed for a specific, often complex, function or process within manufacturing or production, not readily substitutable.