George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm...
George Wilson purchased Bright Light Industries common stock for $47.50 on January 31, 2016. The firm paid dividends of $1.10 during the last 12 months. George sold the stock today (January 30, 2017) for $54.00. What is George’s holding period return? 19.00% 14.00% 11.00% 16.00%
Homework Answers
holding period return=(End value-Beginning value+Dividends)/Beginning value
=(54-47.5+1.1)/47.5
which is equal to
=16%
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George Wilson purchased Bright Light Industries common stock for
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