John bought 400 shares of Timber stock three years ago for $45 per share. Timber has paid
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John bought 400 shares of Timber stock three years ago for $45 per share. Timber has paid a dividend of $.0.50 per share each quarter. Yeager has owned the stock for 10 quarters. He is considering selling the stock as the price of the stock has increased by 50% since he bought it.
What is John's holding period return?
Related Book For
Taxation For Decision Makers 2014
ISBN: 9781118654545
6th Edition
Authors: Shirley Dennis Escoffier, Karen Fortin
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