Multiple Choice
Frank's Franks went public and opened at $15.00 per share.One year later the stock was selling for $17.50 per share.What was the holding period return if during the year Frank sent out $1.25 per share in dividends?
A) 17%
B) 21%
C) 25%
D) 14%
E) 23%
Correct Answer:
Verified
Correct Answer:
Verified
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