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%

---

Definitions:

Imprisonment

The act of confining someone in a prison or similar facility as punishment for a crime or legal offense.

Petty Offenses

Minor legal violations that carry lesser penalties, often involving fines or short-term jail time, such as traffic infractions or disorderly conduct.

White-Collar Crimes

Non-violent crimes committed by individuals, businesses, or government officials, usually for financial gain.

Criminal Law

A classification of law involving the rights and responsibilities an individual has with respect to the public as a whole.