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Question
An investor purchased 1,000 shares of AZT stock on January 5, 2012 for $83.25 per share. On March 20, a dividend of $0.75 per share was paid. Fifty days later, on May 9, 2012, the stock was sold for $85.00. What is the holding period return? Assume the dividend is not reinvested.
a. 21.6%
b. 3.0%
c. 9.5%
d. 15.1%
e. 1.0%
Answer
This answer is hidden. It contains 11 characters.
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