Jarvis Bought a Share of Stock for $15

question 12

Multiple Choice

Jarvis bought a share of stock for $15.75 that paid a dividend of $.45 and sold three months later for $18.65. What was his dollar profit or loss and holding period return?

• A) $2.90, 18.41%
• B) $3.35, 21.27%
• C) -$2.90, -18.41%
• D) $.45, 2.86%

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Definitions:

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The process of examining statistics and market dynamics to understand and predict trends, assess the performance of economies, or make business decisions.

Work Ethic

A set of values centered on the importance of working hard and demonstrating diligence, reliability, and responsibility in one’s job.

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Individuals who have been granted the right to live permanently and work in a country other than their own, in accordance with that country's immigration laws.

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A country in South Asia, known for its diverse culture, languages, geography, and as the world's largest democracy.