James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for...
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James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the 18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively? A. 10.29%, 6.86%, 4.52% B. 6.86%, 6.75%, 10.29% C. 6.75%, 6.86%, 10.29% D. 10.29%, 6.75%, 6.86% James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the 18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively? A. 10.29%, 6.86%, 4.52% B. 6.86%, 6.75%, 10.29% C. 6.75%, 6.86%, 10.29% D. 10.29%, 6.75%, 6.86%
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Holding period return Value at end value at beginning dividend value at beginning100 5995 5685 275... View the full answer
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
Posted Date:
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