You purchased a share of stock for $20.One year later you received $1 as a dividend and sold the share for $29.What was your holding-period return
A)45%
B)50%
C)5%
D)40%
E)None of the options

Name: You purchased a share of stock for $20.One year later you received $1 as a dividend and sold the share for $29.What was your holding-period return A)45% B)50% C)5% D)40% E)None of the options
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Question

Quizplus · Accepted Answer

($1 + $29 - $20)/$20 = 0.5000, or 50%.

You Purchased a Share of Stock for $20