Multiple Choice
Steve bought a share of Toronto Skates Inc.three years ago for $45.00.He was paid two annual dividends of $4.50 in the past two years.If the stock price today is $ 48.50,what is the annual holding period return of the stock?
A) 7.78%
B) 15.56%
C) 27.78%
D) 9.26%
Correct Answer:
Verified
Correct Answer:
Verified
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