Solved

Eight Months Ago,Isaac Purchased 500 Shares of Stock at a Price

Question 11

Multiple Choice

Eight months ago,Isaac purchased 500 shares of stock at a price of $36.20 a share.To date,he has received two quarterly dividends of $.46 a share each.If he sells his shares at the current price of $36.44 a share,what will be his holding period percentage return?


A) .55%
B) 1.01%
C) 3.20%
D) 2.78%
E) 2.40%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions