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QUESTION

Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)

Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment) 

Finance

Question 1 (1 point)

 

The prices for the White Swan Corporation for the first quarter of the last year are given below. Find the holding period return (percentage return) for February.

End of the monthStock priceJanuary$93.30February$96.80March$106.59

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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