Multiple Choice
An investor earned a 5 percent holding period return on a stock he originally purchased for $50.The stock paid a dividend equal to $3.What was the price of the stock when it was sold?
A) $52.50
B) $50.50
C) $50.00
D) $49.50
E) $47.50
Correct Answer:
Verified
Correct Answer:
Verified
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