Question
A stock price at time t is $13.95 and at time t +1is $15.50. What is the simple return for this time period at time
A stock price at time t is $13.95 and at timet+1is $15.50.
What is the simple return for this time period at timet+1?Write the return as a decimal, not a percentage and round to two decimal places.
Step by Step Solution
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To calculate the simple return for the time period from time t to time t1 we can use the following ...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
