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Kayla Purchased a Stock for $56 a Share and Sold

Question 20

Multiple Choice

Kayla purchased a stock for $56 a share and sold it six months later for $62. While she owned the stock, Kayla received two quarterly dividends of $0.70 per share. Kayla's annualized holding period return on this stock is


A) 13.2%.
B) 10.7%.
C) 11.9%.
D) 26.4%.

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