Two years ago, Jim bought 100 shares of IBM stock at $50 per share, and just sold
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Two years ago, Jim bought 100 shares of IBM stock at $50 per share, and just sold them for $65 per share after receiving dividends worth $3 per share over the two year holding period. Mary, bought 5 ounces of gold at $800 per ounce, three months ago, and just sold it for $1000 per ounce. Calculate each investor’s HPR, APR, and EAR and comment on your findings.
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Jims holding period n 2 years Jims HPR Selling Price DistributionsPurcha...View the full answer
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