Solved

Felix Bought a Share of Stock for $33

Question 4

Multiple Choice

Felix bought a share of stock for $33.50 that paid a dividend of $.75 and sold six months later for $31.50.What was his dollar profit or loss and holding period return?


A) -$3.00,-9.52%
B) -$3.85,-12.22%
C) -$.1.25,-3.73%
D) -$3.85,-9.52%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents