Solved

If an Investor Purchased 100 Shares of Biggee Stock for $30

Question 50

Multiple Choice

If an investor purchased 100 shares of Biggee stock for $30 per share six months ago, and then sold the stock today for $33 per share, what was the investor's holding period return if a total of $1 per share in dividends was received over the six-month period (round % to 1 decimal) ?


A) 10.0%
B) 27.1%
C) 17.1%
D) 13.3%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents