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2. You buy 500 shares of Lowe's Companies, Inc. at $50 per share. Four Months Later, you sell these shares for $55 per share. You

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2. You buy 500 shares of Lowe's Companies, Inc. at $50 per share. Four Months Later, you sell these shares for $55 per share. You received no dividends. What is your holding Period Percentage Return? What is your Effective Annual Rate? a. Effective Annual Return (EAR): The return on an investment expressed on an "annualized" basis. Key Question: What is the number of holding periods in a year

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