Janet Bought a Share of Stock for $47

question 12

Multiple Choice

Janet bought a share of stock for $47.50 that paid a dividend of $.72 and sold one year later for $51.38.What was her dollar profit or loss and holding period return?

• A)$0.72,7.55%
• B)$3.88,8.95%
• C)$4.60,9.68%
• D)$3.88,9.68%

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Definitions:

AFLAC Company

An American insurance company known for its supplemental insurance policy coverage for individuals and groups in the United States and Japan.

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Effective Managers

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