Ashley purchased a stock at a price of $27 a share. She received quarterly dividends of $0.75 per share. After one year, Ashley sold the stock at a price of $29.25 a share. What is her percentage holding period return on this investment?

A) 10.3%
B) 11.1%
C) 17.9%
D) 19.4%


Answer: D

Business

You might also like to view...

The Organization for Economic Cooperation and Development (OECD) is comprised of:

A) the 34 high-income countries. B) countries that believe in market-allocation economic systems. C) pluralistic democracies. D) countries that demonstrate progress toward economic reform. E) All of the above statements are applicable.

Business

In which purchasing decision should the supplier focus on maintaining a good relationship with the customer and focus on timely deliveries at the expected quality level?

A) straight rebuys B) modified rebuys C) new-task purchase D) repetition purchase

Business

Hobbs Manufacturing Co's static budget at 10,000 units of production includes $50,000 for direct labor and $7,000 for variable electric power. Total fixed costs are $30,000 . At 15,000 units of production, a flexible budget would show ________

a. variable costs of $85,500 and $36,000 of fixed costs b. variable costs of $75,000 and $30,000 of fixed costs c. variable costs of $85,500 and $24,000 of fixed costs d. variable and fixed costs totaling $115,500

Business

Which type of training leads to shared mental models for the team?

a. Assertiveness training b. Cross-training c. team resource management d. Interpositional training

Business