You purchased a share of stock for $65.One year later you received $2.37 as a dividend and sold the share for $63.What was your holding-period return
A)0.57%
B)-0.2550%
C)-0.89%
D)1.63%
E)None of the options

Name: You purchased a share of stock for $65.One year later you received $2.37 as a dividend and sold the share for $63.What was your holding-period return A)0.57% B)-0.2550% C)-0.89% D)1.63% E)None of the options
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Question

Quizplus · Accepted Answer

($2.37 + $63 - $65)/$65 = 0.00569, or 0.57%.

You Purchased a Share of Stock for $65