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.

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Answer #1

HPR = (51.98 - 61.51 + 3.47)/61.51

Holding Period Return = -0.0985

So

Holding Period Return = -9.85%

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