Calculate the return and the return relative for the following assets: a. A preferred stock bought for

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Calculate the return and the return relative for the following assets:

a. A preferred stock bought for $70 per share, held one year during which $5 per share dividends are collected, and sold for $63

b. A warrant bought for $11 and sold three months later for $13

c. A 12 percent bond bought for $870, held two years during which interest is collected, and sold for $930.

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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