Solved: You purchased 100 shares of general motors stock at a price, Finance Basics

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You purchased 100 shares of general motors stock at a price

Finance: HPR, Annualized holding period return, Effective annual rate on investment

Question

You purchased 100 shares of General Motors stock at a price of $98.64 one year ago. You sold all stocks today for $100.44. During the year, the stock paid dividends of $5.60 per share. What is your holding period return?

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Finance Basics: You purchased 100 shares of general motors stock at a price

Reference No:- TGS02188989

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Finance Basics: You purchased 100 shares of general motors stock at a price

Reference No:- TGS02188989

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