Holding period returns 4 years ago, you bought 100 shares of Stock A at $23.99 per share
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Holding period returns 4 years ago, you bought 100 shares of Stock A at
$23.99 per share and 200 shares of Stock B at $12.90 per share. During the first year, Stock A paid a dividend of $.85 per share each quarter, and Stock B paid a dividend of $.34 per share each quarter. Stock A continued to pay the same dividend each quarter through current time. Stock B increases their quarterly dividend by $.05 each year (each quarter during each respective year pays the same dividend) as a policy. Today, Stock A is selling for $25.78, while Stock B is selling at $6.52. What is your HPR over the 4-year period?
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Related Book For
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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