Ashley Purchased a Stock at a Price of $27 a Share.She

question 127

Multiple Choice

Ashley purchased a stock at a price of $27 a share.She received quarterly dividends of $0.75 per share.After one year, Ashley sold the stock at a price of $29.25 a share.What is her percentage holding period return on this investment?

• A)10.3%
• B)11.1%
• C)17.9%
• D)19.4%

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