The holding period return on a stock was 25%. Its ending price was $18 and its beginning price was $16. Its cash dividend must have been ____.

The holding period return on a stock was 25%. Its ending price was $18 and its beginning price was $16. Its cash dividend must have been ____. 




A) $0.25
B) $1.00
C) $2.00
D) $4.00




Answer: C


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