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You Purchase a Share of CAT Stock for $90

Question 62

Multiple Choice

You purchase a share of CAT stock for $90. One year later, after receiving a dividend of $4, you sell the stock for $97. What was your holding-period return?


A) 14.44%
B) 12.22%
C) 13.33%
D) 5.56%

Correct Answer:

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