McCoy Paid a One-Time Special Dividend of $3

question 108

Multiple Choice

McCoy paid a one-time special dividend of $3.40 on October 18, 2010. Suppose you bought McCoy stock for $47.00 on July 18, 2010, and sold it immediately after the dividend was paid for $63.52. What was your realized return from holding McCoy?

• A) 4.24%
• B) 6.36%
• C) 33.91%
• D) 42.38%

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