Question

Sarah purchased 100 shares of General Electric stock at a price of $61.51 three months ago....

Sarah purchased 100 shares of General Electric stock at a price of $61.51 three months ago. She sold all stocks today for $51.98. During the year the stock paid dividends of $3.47 per share. What is Sarah’s holding period return

Round the answers to two decimal places in percentage form.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

HPR = (51.98 - 61.51 + 3.47)/61.51

Holding Period Return = -0.0985

So

Holding Period Return = -9.85%

Add a comment
Know the answer?
Add Answer to:
Sarah purchased 100 shares of General Electric stock at a price of $61.51 three months ago....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT