You purchased 100 shares of the common stock in Brown-Forman two years ago for $55 per share. You incurred a transaction cost of $10 when you bought the shares. Over the past two years the firm has paid dividends totaling $3.55 per share. The stock currently trades for $79.44 per share. 

a. Assuming that you sell the stock today and that you incur a $15 transaction fee on the sale, what has been your two-year holding period return for your investment in Brown-Forman?

Answer rating: 100% (QA)

To calculate the twoyear holding period return for your investment in BrownForman we n... View the full answer