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Ten Months Ago, Junior Purchased a Share for $14 a Share

Question 38

Multiple Choice

Ten months ago, Junior purchased a share for $14 a share. The share pays a quarterly dividend of $0.50 per share. Today, Junior sold the share for $15 a share. What is his holding period return?


A) 16.7%.
B) 17.9%.
C) 10.0%.
D) 10.7%.

Correct Answer:

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