question archive The holding period return on a stock was 30%

The holding period return on a stock was 30%

Subject:AccountingPrice: Bought3

The holding period return on a stock was 30%. Its ending price was $26 and its cashdividend was $1.50. Its beginning price must have been __________.A) $20.00B) $21.15C) $86.67D) $91.67

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