Hugo purchaseda stock for $37 and sold this stock a year later for $50. His total holding period return was 5?
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Hugo purchased a stock for $37 and sold this stock a year later for $50. His total holding period return was 50%. What is the amount of dividends that Hugo received?
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Answer:
Answer: $37 x 1.50 = $55.50 total return. Since he sold the stock at only $50, he had to get the remaining $5.50 in dividends.
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