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 are correct.

Question

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The Answer of 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 are correct.

You Purchased a Share of Stock for $65