An Investor Purchased 1,000 Shares of AZT Stock on January

Multiple Choice

An investor purchased 1,000 shares of AZT stock on January 5,2012 for $83.25 per share.On March 20,a dividend of $0.75 per share was paid.Fifty days later,on May 9,2012,the stock was sold for $85.00.What is the holding period return? Assume the dividend is not reinvested.

A) 21.6%
B) 3.0%
C) 9.5%
D) 15.1%
E) 1.0%