Sally purchased a share of stock for $78.00. During the year she received a dividend of $3.11. At the end of the year she sold the stock for $91.40. Calculate the holding period return for her investment (excluding taxes).
Sally purchased a share of stock for $78.00. During the year she received a dividend of $3.11. At the end of the year she sold the stock for $91.40. Calculate the holding period return for her investment (excluding taxes).
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 4BCRQ
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Sally purchased a share of stock for $78.00. During the year she received a dividend of $3.11. At the end of the year she sold the stock for $91.40. Calculate the holding period return for her investment (excluding taxes).
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