Multiple Choice
Suppose you paid $18.50 per share for Commerce Group Inc.common stock and sold it one year later for $24 per share.What was your holding period return if the stock paid no dividends during the year?
A) 27%
B) 13%
C) 23%
D) 32%
E) 30%
Correct Answer:
Verified
Correct Answer:
Verified
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