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stranahan stranahan
wrote...
Posts: 3324
5 years ago
Amy bought a share of stock for $64.50 that paid a dividend of $.50 and sold nine months later for $64.00. What was her dollar profit or loss and holding period return?
A) -$0.50, -0.78%
B) $0.50, 0.78%
C) $0.00, 0.00%
D) There is no correct solution to this question.
Textbook 

Financial Management: Core Concepts


Edition: 2nd
Author:
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Answer verified by a subject expert
crackerspoppycrackerspoppy
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Posts: 344
5 years ago
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More questions for this book are available here
C -- Profit = Ending Value+Distributions-Original Cost
Profit = $64.00+ $0.50 - $64.50 = $0.00.
HPR = (Ending Price + Distribution - Beginning Price/Beginning Price) = ($64.00+ $0.50 - $64.500/$64.50 ) = 0.00%
1

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stranahan Author
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5 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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2 years ago
Thanks for the help
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A year ago
THANKS
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A year ago
Thank you
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A year ago
thanks
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A year ago
thanks
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A year ago
TY :)
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11 months ago
verry good forum
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