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8) Joe purchased 800 shares of Robotics Stock at $3 per share on 1/1/15. He sold the shares on 12/31/15 for $3.45. Robotics stock has

8) Joe purchased 800 shares of Robotics Stock at $3 per share on 1/1/15. He sold the shares on 12/31/15 for $3.45. Robotics stock has a beta of 1.9, the risk-free rate of return is 4%, and the market risk premium is 9%. Joe's holding period return is: A) 15.0%.B) 16.5%.C) 17.6%. D) 21.1%.

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