Joel has purchased 100 shares of stock for 20 per share, Ask an Expert

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Joel has purchased 100 shares of stock for $20 per share. During the year, he received dividend cheques amounting to $150. After three years, Joel sold his stock for $32 per share. What was his holding period return? What was Joel's annualized return on the stock? What is the dollar amount of Joel's return?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92749006

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