You purchased 10 shares of common stock in Abigail's Caf at the beginning of this year for

You purchased 10 shares of common stock in Abigail's Café at the beginning of this year for $38.00 per share and held the stock for one year. The stock paid a dividend of $2/share during the year. You were able to sell the stock for $40 per share. What was your holding period return?

Answer rating: 100% (QA)

To calculate the holding period return on your investment in Abigails Caf common ... View the full answer