Calculate the holding-period dollar gain and return on share

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Question: (Holding-period dollar gain and return) The expected dividends on Estate Lancaster plc. share is £0.17 (around $0.26) in 1 year. Assume you hold this share for a year. Calculate the holding-period dollar gain and return on the share if its current price is £4.4 (around $6.60) and it is expected that by the end of a year the price will rise to £6.2 (around $9.31).

Reference no: EM131488240

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