Christopher Purchased 200 Shares of ABC Stock at $21

question 59

Multiple Choice

Christopher purchased 200 shares of ABC stock at $21.25 per share.After nine months, he sold all of his shares at a price of $19.88 a share.Christopher received a total of $0.55 per share in dividends during the time he owned the shares.Jake's holding period return is

• A)-6.4%.
• B)-3.9%.
• C)2.6%.
• D)9.7%.

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Definitions:

Deinstitutionalization

The process of replacing long-stay psychiatric hospitals with less isolated community mental health services for those diagnosed with a mental disorder or developmental disability.

Distribution Of Income

The way in which the total income of an economy is distributed among its population or the various participants in the economy.

Since 1960

A reference to a specific starting point in time, often used to denote the period for which statistical data or analyses are being considered.

Theories Of Poverty

Various explanations for the causes and persistence of poverty, including economic, social, and political factors.