Eight months ago,Isaac purchased 500 shares of stock at a price of $36.20 a share.To date,he has received two quarterly dividends of $.46 a share each.If he sells his shares at the current price of $36.44 a share,what will be his holding period percentage return?
A) .55%
B) 1.01%
C) 3.20%
D) 2.78%
E) 2.40%
Correct Answer:
Verified
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