Multiple Choice
Jake 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. Jake received a total of $0.55 per share in dividends during the time he owned the shares. Jake's holding period return is
A) - 3.9%.
B) 9.7%.
C) 2.6%.
D) - 6.4%.
Correct Answer:
Verified
Correct Answer:
Verified
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