单选题 An investor expects a stock currently selling for $ 20 per share to increase to $ 25 by year - end. The dividend last year was $1 but he expects this year's dividend to be $1.25. What is the expected holding period return on this stock?
【正确答案】 C
【答案解析】Return = [dividend + (end - begin)]/beginning price R=[1.25 +(25-20)]/20=6.25/20=0.3125.