Use the Information Below for the Following Problem(S)
You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.
-Refer to Exhibit 1.9.Calculate your holding period return (HPR) for this investment in GE stock.
A) 0.9655
B) 1.0086
C) 1.0357
D) 1.0804
E) 1.0973
Correct Answer:
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