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a) Suppose you purchased a stock for $50 today and held it for 3 years. It paid a dividend of $2 per year and at

a)
Suppose you purchased a stock for $50 today and held it for 3 years. It paid a dividend of $2 per year and at the end of 3 years, you sold it for $55. What is the holding period return?
(not 1.17 or 14)
b)
Suppose you purchased a stock for $50 today and held it for 3 years. It paid a dividend of $2 per year and at the end of 3 years, you sold it for $55. What is the AAGR?
(not 4.7 or 4.67)

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