An investor buys a stock for $35 and sells it for $56.38 after five years. a) What
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An investor buys a stock for $35 and sells it for $56.38 after five years.
a) What is the holding period return?
b) What is the true annual rate of return?
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a The holding period return 5638 3535 61 On an annual basis 615 122 b The true annual rat...View the full answer
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