Mary Anderson bought 250 shares of Dishport stock when it was selling for $50 per...
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Accounting
Mary Anderson bought 250 shares of Dishport stock when it was selling for $50 per share, and she sold the stock for $58 per share six months later. During the time she held the stock, Mary receive two $1 dividend payments from the firm.
a. What was Mary's six-month holding period return?
b. On an annual basis, what return did Mary earn?
Please show work, so I can work out my homework problems.
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