Multiple Choice
On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year?
A) 25.1%
B) 25.8%
C) 26.5%
D) 27.2%
Correct Answer:
Verified
Correct Answer:
Verified
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