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1. Suppose the stock price of firm A is $10 at the end of December 31, 2019 and the cumulative return of the stock of

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1. Suppose the stock price of firm A is $10 at the end of December 31, 2019 and the cumulative return of the stock of firm A is 1.25 from the end of December 31, 2019 to the end of December 31, 2020. Assume that there are no dividends. 1) (5 points) What is the stock price of firm A at the end of December 31, 2020? from the end of 2) (5 points) What is the buy and hold return for the stock of firm December 31, 2019 to the end of December 31, 2020

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