Rose Bought a Share of Stock for $64

question 14

Multiple Choice

Rose bought a share of stock for $64.50 that paid a dividend of $.50 and sold nine months later for $64.00.What was her dollar profit or loss and holding period return?

• A)$0.50,0.78%
• B)-$0.50,-0.78%
• C)$0.00,0.00%
• D)There is no correct solution to this question.

---

Definitions:

Rent Controls

Government-imposed limits on the amount landlords can charge for leasing properties to promote affordable housing.

Inefficiently Low-Quality Apartments

Apartments that are below optimal living standards due to market failures, often resulting in lower than socially preferable quality.

Opportunity Cost

Opportunity cost is the potential benefit that one misses out on when choosing one alternative over another.

Black Markets

Illegal markets that arise when selling, trading, or buying goods or services are prohibited by law or are controlled by restrictive practices.