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The Holding-Period Return (HPR) on a Share of Stock Is

Question 3

Multiple Choice

The holding-period return (HPR) on a share of stock is equal to


A) the capital gain yield during the period plus the inflation rate.
B) the capital gain yield during the period plus the dividend yield.
C) the current yield plus the dividend yield.
D) the dividend yield plus the risk premium.
E) the change in stock price.

Correct Answer:

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