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Last year Jane purchased 400 shares of stock for 43$ per share and twelve 4% coupon bonds at 1060$ each
Last year Jane purchased 400 shares of stock for 43$ per share and twelve 4% coupon bonds at 1060$ each. Over the course of the year, she received dividends totalling 0.8$ per share. TOday stock is selling at 41$ per share and bond is quoted as 100. What is the holding period return for the portfolio?
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