On January 31, 2001, you bought 100 shares of AVAYA (AV) for $17.50 a share. Subsequent prices

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On January 31, 2001, you bought 100 shares of AVAYA (AV) for $17.50 a share. Subsequent prices of AV were

January 1, 2002 $8.60

January 1, 2003 2.50

January 1, 2004 17.50

You owned the stock for three years (2001 through 2004). What were your (1) holding period return, (2) average percentage return, and (3) true return on this investment?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Question Posted: Jun 26, 2012 05:06 AM

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On January 31, 2001, you bought 100 shares of AVAYA (AV) for $17.50 a share. Subsequent prices

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Holding period return 1750 17501750 0 Yearly percentage returns First year 860 175...View the full answer

Investments An Introduction

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