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Problem:

Anna purchased 100 shares of spring, inc. stock of at a price of $54.34 three years ago. She sold all stocks today for $53.35. During the year the stock paid dividends of $3.25 per share.

Required:

Question: What is Anna's holding period return?

Note: Could someone please give me a step by step solution?

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  • Category:- Basic Finance
  • Reference No.:- M91174790

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