Travis bought a share of stock for $31.50 that paid a dividend of $.85 and sold six months later for $27.65. What was his dollar profit or loss and holding period return?
A) -$3.00, -9.52%
B) -$3.85, -12.22%
C) -$.85, -2.70%
D) -$3.85, -9.52%
Correct Answer:
Verified
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