Use the Information Below for the Following Problem(S)

question 33

Multiple Choice

Use the Information Below for the Following Problem(S)
You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.
-Refer to Exhibit 1.9.Calculate your holding period return (HPR) for this investment in GE stock.

• A) 0.9655
• B) 1.0086
• C) 1.0357
• D) 1.0804
• E) 1.0973

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Definitions:

Mitochondrion

A membrane-bound organelle in cells that produces energy through oxidative phosphorylation, often referred to as the cell's powerhouse.

ATP

Adenosine triphosphate, the primary energy carrier in all living organisms, providing the energy needed for many cellular processes.

Polypeptide Chains

Long chains of amino acids linked by peptide bonds, which fold into specific three-dimensional shapes to form proteins.

Ribosome

A cellular organelle that functions as the site of protein synthesis, reading RNA sequences to assemble amino acids into proteins.