An Investor Earned a 5 Percent Holding Period Return on a Stock

question 40

Multiple Choice

An investor earned a 5 percent holding period return on a stock he originally purchased for $50.The stock paid a dividend equal to $3.What was the price of the stock when it was sold?

• A) $52.50
• B) $50.50
• C) $50.00
• D) $49.50
• E) $47.50

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Definitions:

Disease

A condition that negatively affects the structure or function of part or all of an organism, and is not due to any external injury.

Karyogenesis

The process of nucleus formation in cells, especially during cell division.

Distal

Situated farthest from the point of attachment or origin, as of a limb or bone.

Dorsal

Pertaining to the back side of the body or organ, opposite of ventral, which is the front side.