Carlos purchases a stock on January 6 2021 for $32.  The stock pays him a dividend of $4.1 on March 15th of each year.  If he sells the stock on January 6, 2025 for $35, what is his holding period return?  Enter your answer as a whole percentage (e.g. if your answer is .1275, then enter 12.75).

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Carlos purchases a stock on January 6 2021 for $32.  The stock pays him a dividend of $4.1 on March 15th of each year.  If he sells the stock on January 6, 2025 for $35, what is his holding period return?  Enter your answer as a whole percentage (e.g. if your answer is .1275, then enter 12.75).

 
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