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During the past three (3) years you have owned 100 shares of Williams Pharma Corporation, a commercial biotech firm. During this period the company's stock
During the past three (3) years you have owned 100 shares of Williams Pharma Corporation, a commercial biotech firm. During this period the company's stock price has been as follows: Year Price 2017 2018 2019 2020 $135 (your purchase price) $144 $167 $154 If the company pays no dividends on its stock, determine the following items based upon the above information. Problem 1: Part 1 The Holding Period Return (HPR) for your investment at the end of the 3-years. Show all work, carrying all calculations out to four (4) decimal places. Highlight in bold your answer. (2 pts) Problem 1: Part 2 The Annualized Holding Period Yield (HPY ann) for your investment for your 3-vears hold time. Show clearly all work, carrying all calculations out to four (4) decimal places. Highlight in bold your answer. (3 pts)
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