USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 32

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.
-Refer to Exhibit 1.7. Calculate your holding period yield (HPY) for this investment in GE stock.

• A) -0.0345
• B) -0.0090
• C) 0.0086
• D) 0.0643
• E) 0.0804