A stock ended 2019 at $28.80 per share and paid a $1.75 dividend per share in 2021. What is the holding period return if the stock ended 2021 at $38.80? 40.80% 34.72% -28.65% -30.28%

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 67BE
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A stock ended 2019 at $28.80 per share and paid a $1.75
dividend per share in 2021. What is the holding period return
if the stock ended 2021 at $38.80?
40.80%
34.72%
-28.65%
-30.28%
Transcribed Image Text:A stock ended 2019 at $28.80 per share and paid a $1.75 dividend per share in 2021. What is the holding period return if the stock ended 2021 at $38.80? 40.80% 34.72% -28.65% -30.28%
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