In: Finance
Ashley purchased a stock at $54 per share. She received quarterly dividends of $0.80 per share. After one year, Ashley sold the stock at a price of $53.25 a share. What is her percentage holding period return on this investment?
A.
5.9%
B.
-1.4%
C.
4.5%
D.
6.2%
E.
7.3%
Please refer to the image below for the solution-
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