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Ten months ago, Junior purchased a stock for $14 a share. The stock pays a...

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Accounting

Ten months ago, Junior purchased a stock for $14 a share. The stock pays a quarterly dividend of $0.50 per share. Today, Junior sold the stock for $15 a share. What is his holding period return?

A) 10.7%

B) 17.9%

C) 16.7%

D) 10.0%

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