Joel purchased 100 shares of stock for $23 per share. During the year, he received dividend cheques amounting to $142. A
Posted: Fri Jul 01, 2022 7:40 am
Joel purchased 100 shares of stock for $23 per share. During the year, he received dividend cheques amounting to $142. After three years, Joel sold the stock for $30 per share. What was his holding period return? What is the dollar amount of Joel's return? Joel's holding period return was 36.6 percent. (Round to one decimal place as needed.) The dollar amount of Joel's return was $ (Round to the nearest dollar as needed.)