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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 6 (1 point)
John purchased 100 shares of Black Forest Inc. stock at a price of $154.18 three months ago. He sold all stocks today for $157.87. During this period the stock paid dividends of $4.24 per share. What is John’s annualized holding period return (annual percentage rate)?
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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