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Holding Period Return: George Wilson Purchased Bright Light Industries Common

Question 59

Multiple Choice

Holding Period Return: George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2010. The firm paid dividends of $1.10 during the last 12 months. George sold the stock today (January 30, 2011) for $54.00. What is George's holding period return? Round off the nearest 0.01%.


A) 16.00%
B) 14.35%
C) 11.28%
D) 19.60%

Correct Answer:

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