You purchased 34 shares of common stocks from abc corp on


You purchased 34 shares of common stocks from ABC Corp on Jan 1st, 2000 for $27.45 per share. You sold all the shares on Dec 31st, 2004 for $29.17 per share. ABC Corp distributed annual dividends of $0.05, $0.11, $0.13 per share on Dec 28th, 2000, Dec 14th, 2002, and Dec 3rd, 2004, respectively. What were the holding period returns of your investment on the ABC common stocks (please ignore the income tax or capital gain tax for this problem)?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You purchased 34 shares of common stocks from abc corp on
Reference No:- TGS01359133

Expected delivery within 24 Hours