Use the Information Below for the Following Problem(S)

question 27

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 yield (HPY) for this investment in GE stock.

• A) -0.0345
• B) -0.0090
• C) 0.0086
• D) 0.0643
• E) 0.0804

---

Definitions:

Basketball

A team sport where players aim to score points by shooting a ball through a hoop at a certain height.

Inductive Strength

A property of some logical arguments such that it is improbable (but not impossible) for the premises to be true and the conclusion to be false.

Deductive Validity

The logical feature of an argument whereby if the premises are true, the conclusion must also be true.