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You bought stock in your favorite online retail company at a price of ​$79 per share....

You bought stock in your favorite online retail company at a price of ​$79 per share. You recently sold the stock for a price of ​$89 per share. While holding the​ stock, you received dividends of ​$2.21. What was your holding period​ return?

Your holding period return was ___%. ​(Round to two decimal​ places.)

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Answer #1

The formula to calculate holding period return is given below:

Holding period return is 15.46%.

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