Refer to the table in Problem 4.5. What is the expected total return in dollars and as

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Refer to the table in Problem 4.5. What is the expected total return in dollars and as a percentage of your original investment if you purchase 100 shares of the investment at the beginning of 2014 and sell it at the end of 2016?


Data from Problem 4.5

Consider the historical data for an investment given in the accompanying table.

Calculate the total return (in dollars) for each year.

Indicate the level of return you would expect in 2018 and in 2019.

Comment on your forecast.

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Fundamentals Of Investing

ISBN: 9781292153988

13th Global Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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