You Purchased a Share of Stock for $68

question 13

Multiple Choice

You purchased a share of stock for $68. One year later, you received $3.00 as a dividend and sold the share for $74.50. What was your holding-period return?

• A) 12.5%
• B) 14.0%
• C) 13.6%
• D) 11.8%

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Definitions:

Toronto Stock Exchange

A major stock exchange in Canada, where shares of companies are bought and sold.

TSX Venture Exchange

A Canadian stock exchange for small and emerging companies, focusing on microcap and emerging markets.

S&P/TSX 60 Index

A stock market index of 60 large companies listed on the Toronto Stock Exchange, representing leading sectors in Canada.

Stock Indices

Aggregated measures that track the performance of a basket of stocks, representing a specific market or sector, to gauge market trends.