Multiple Choice
A stock purchased one year ago today at $10 per share is sold today at $15 per share. It has paid a dividend this year of $3. The investor's before-tax holding-period yield must be:
A) 12 percent
B) 20 percent
C) 40 percent
D) 60 percent
E) 80 percent
Correct Answer:
Verified
Correct Answer:
Verified
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