On January 1, 2014, Simon Loves portfolio of 15 common stocks, completely equity financed, had a market value of $264,000 At the end of May 2014, Simon sold one of the stocks, which had a beginning of year value of $26,300, for $31,500 He did not reinvest those or any other funds in the portfolio d...

HPR Value at 1111 Value at 123111 250000 26300 Unrealized capital ga ...

On January 1, 2014, Simon Loves portfolio of 15 common stocks, completely equity-financed, had a market value

Question:

On January 1, 2014, Simon Love’s of 15 common completely equity-financed, had a market value of $264,000. At the end of May 2014, Simon sold one of the which had a beginning-of-year value of $26,300, for $31,500. He did not reinvest those or any other funds in the during the year. He received total dividends from in his of $12,500 during the year. On December 31, 2014, Simon’s had a market value of $250,000. Find the HPR on Simon’s during the year ended December 31, 2014. (Measure the amount of withdrawn funds at their beginning-of-year value.)
Stocks
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A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...