Question

You purchased the stock of ABC, Inc at a price of $60.83 one year ago today....

You purchased the stock of ABC, Inc at a price of $60.83 one year ago today. If you sell the stock today for $82.31 and you received 4 quarterly dividends, $1.24 each, in the past year. What is your holding period return?

Please input your answer in decimals and round to the fourth decimal. (e.g. 0.0001)

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Answer #1

Holding Period Return = (Sale Price+Dividends received-Purchase Price)/Purchase Price (82.31+1.24*4-60.83)/60.83 0.4347!

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