Eight Months Ago,Isaac Purchased 500 Shares of Stock at a Price

question 51

Multiple Choice

Eight months ago,Isaac purchased 500 shares of stock at a price of $36.20 a share.To date,he has received two quarterly dividends of $.46 a share each.If he sells his shares at the current price of $36.44 a share,what will be his holding period percentage return?

• A).55%
• B)1.01%
• C)3.20%
• D)2.78%
• E)2.40%