Question

John purchased 100 shares of Black Forest Inc. stock at a price of $157.55 three months...

John purchased 100 shares of Black Forest Inc. stock at a price of $157.55 three months ago. He sold all stocks today for $160.49. During this period the stock paid dividends of $6.28 per share. What is John’s annualized holding period return (annual percentage rate)?

Round the answers to two decimal places in percentage form.

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Answer #1

(Selling Price+Dividend Received-Purchase Price)/Purchase Price Holding period Return (160.49+6.28-157.55)/157.55 0.058521 An

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