Solution-What was his dollar profit or loss

What was his dollar profit or loss

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Question - Travis bought a share of stock for $31.50 that paid a dividend of $.85 and sold six months later for $27.65. What was his dollar profit or loss and holding period return?

a) -$3.00; -9.52%

b) -$3.85; -12.22%

c) -$.85; -2.70%

d) -$3.85; -9.52%

Reference no: EM132933755

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What was his dollar profit or loss

Reference no: EM132933755

Reference no: EM132933755

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