Calculate holding period return, Finance Basics

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1)      What is the holding period return to an investor who bought 100 shares of Charter Oil nine months ago for $36 a share, received two $50 dividend checks, and sold the stock today at $38 a share?  

Calculate holding period return

a Number of shares     100
b Price per share of Charter Oil    $                               36.00
c Investment (a x b)      $                         3,600.00
d Dividends ($50 x 2)      $                            100.00
e Selling Price per share    $                               38.00
f Total amount received (e x a)    $                         3,800.00
g Holding period (Months)                                       9.00
h Holding period return   8.33%
  (d + f - c)/c x 100      


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