You purchased 150 shares for $5 a share and it costs you $10 in brokerage fees.  You got paid a dividend of $1 per share during the year.  After 1 year, you sell 150 shares for $6 a share and pay $10 in brokerage fees.  What is your holding period return?

Answer rating: 100% (QA)

To calculate your holding period return we first need to calculate yo... View the full answer