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strojnjashka [21]
3 years ago
13

You purchased a share of stock for $30. one year later you received $1.50 as a dividend and sold the share for $32.25. what was

your holding-period return?
Mathematics
1 answer:
Phoenix [80]3 years ago
6 0
You received $1.50 +32.25 = $33.75 for your $30 investment. Your return was
  (33.75/30.00 -1)*100% = 12.5%
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Answer:

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Step-by-step explanation:

Let x denotes number of blankets and y denotes number of pillows.

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Subtract (ii) from (i)

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