Suppose you paid $18.50 per share for Commerce Group Inc.common stock and sold it one year later for $24 per share.What was your holding period return if the stock paid no dividends during the year?
A) 27%
B) 13%
C) 23%
D) 32%
E) 30%

Question

Quizplus · Accepted Answer

11ea7fdb_fc10_b4b5_a768_5904c0682499_TB2902_11 = 11ea7fdb_fc10_b4b6_a768_33ff45017db8_TB2902_11 11ea7fdb_fc10_b4b7_a768_adbff5bcad87_TB2902_11 = 11ea7fdb_fc10_b4b8_a768_c7e55e7f750a_TB2902_11 = .297 or 30%

Suppose You Paid $18