You purchased a share of stock for $20. One year later you received $1 as dividend and sold the share for $24. Your holding-period return was ____.
A) 5 percent
B) 10 percent
C) 20 percent
D) 25 percent
Answer: D
You purchased a share of stock for $20. One year later you received $1 as dividend and sold the share for $24. Your holding-period return was ____.
A) 5 percent
B) 10 percent
C) 20 percent
D) 25 percent
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.