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Question
You purchased 500 shares of A.M.J. Inc. common stock one year ago for $50 per share. You received a dividend of $2 per share today and decide to take your profits by selling at $54.50 per share. What is your holding period return?A) 13.0%
B) 9.0%
C) 6.5%
D) 4.0%
Answer
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Related questions
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