b. holding period return % (Holding-period dollar gain and return) Suppose you...
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Accounting
b. holding period return %
(Holding-period dollar gain and return) Suppose you purchased 19 shares of Diamond Company stock for $28.97 per share on May 1, 2016. On September 1 of the same year, you sold 15 shares of the stock for $24.55. 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.)
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