(?Holding-period dollar gain and return?) Suppose you purchased 1717 shares of Disney stock for ?$20.6420.64 per share on May? 1, 2012. On September 1 of the same? year, you sold 1717 shares of the stock for ?$24.1124.11. Calculate the? holding-period dollar gain for the shares you? sold, assuming no dividend was? distributed, and the? holding-period rate of return.
A. The? holding-period dollar gain for the shares you sold is $ Enter a negative number if it is a loss. (Round to the nearest? cent.)
B. The Holding-period rate of return is % (Round to two decimals)