Visit the MarketWatch websiteat www.bigcharts.com Select the Historical Quotes tab. In the blank box next to Enter
Fantastic news! We've Found the answer you've been seeking!
Question:
Visit the MarketWatch websiteat www.bigcharts.com
- Select the “Historical Quotes” tab.
- In the blank box next to “Enter Symbol” type “MCD” and in theblank box next to “Enter Date” type “12/30/2009”. Press the “LookUp” button. What was the closing value of McDonald’s Corporation onDecember 30, 2009?
- Repeat step 2 but in the “Enter Date” field type “12/30/2016”and press the “Look Up” button. What was the closing value ofMcDonald’s Corporation on December 30, 2016?
- Use the following formula:
I2-I1 / I1= (HP)100 = %Holding period return HP/n = % AverageAnnual Rate of Return
HP = HoldingPeriod n = years
What is the Holding Period return for McDonald’s Corporation?What is the Average Annual Return on Investment for McDonald’sCorporation? What can you infer from this information?
Related Book For
Posted Date: