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Twelve Months Ago, Javier Purchased a Stock for $28 a Share

Question 18

Multiple Choice

Twelve months ago, Javier purchased a stock for $28 a share. The stock pays a quarterly dividend of $0.45 per share. Today, Javier sold the stock for $26.75 a share. What is his holding period return?


A) -4.46%
B) 1.96%
C) 6.73%
D) 19.6%

Correct Answer:

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