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You Purchased 500 Shares of A

Question 117

Multiple Choice

You purchased 500 shares of A.M.J.Inc.common stock one year ago for $50 per share.You received a dividend of $2 per share today and decide to take your profits by selling at $54.50 per share.What is your holding period return?


A) 13.0%
B) 9.0%
C) 6.5%
D) 4.0%

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