Lear purchased 100 shares of Quitcha Twitchin Anti-inch Cream stock at $30 per share last year and sold them eleven months later for $24 per share.The shares split 2 for 1 shortly after Lear purchased the stock.If the stock paid $0.25 per share in dividends last year, what is Lear's holding period return?
A) 61.67%
B) -19.17%
C) 21.67%
D) 6.17%
Correct Answer:
Verified
Q26: Commercial banks are an important source of
Q38: The U.S.financial markets are said to be
Q39: The Dow Jones Industrial Average is calculated
Q41: If a treasury bond can be purchased
Q42: Two years ago you bought 100 shares
Q44: In an efficient capital market, corporate diversification
Q45: In an efficient capital market, all security
Q46: If the spot rate for the British
Q47: If the spot rate (in U.S.dollars) for
Q48: You bought 100 shares of Risky Venture
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents