Rose 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.
Answer: C
Explanation: C) Profit = Ending Value + Distributions - Original Cost
Profit = $64.00 + $0.50 - $64.50 = $0.00.
HPR = = = 0.00%.
You might also like to view...
The newest online technology for banner advertising is:
A) automated exchange systems that provide precise targeting of ads to specific consumers B) embedded widgets that access dynamic content C) media/video ads capable of being downloaded by consumers D) search ads that can be displayed on cell phones
Car rental and airplane travel are examples of _____ services
a. regulated goods b. owned-goods c. nongoods d. rented-goods
The CISG only governs contracts of international sales
Indicate whether the statement is true or false
The marketing manager needs to work with the human resources manager or with other managers who will participate in preparing the firm's personnel for changes required by a new marketing strategy.
Answer the following statement true (T) or false (F)