What is the holding period return to an investor who bought 100 shares of Oil Slick stock nine months ago for $36 per share, received two $50 dividend checks, and sold the stock today at $38 a share (round % to 2 decimals)?
A) 5.56%
B) 8.33%
C) 11.11%
D) 6.94%
B
Business
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What will be an ideal response?
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The use of boutiques by department stores to highlight designer clothing most closely resembles the strategy of a _____
a. specialty store b. retail catalog showroom c. variety store d. full-line discount store
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