Question
Exactly two years ago, you created an investment portfolio made up of 200 shares of Common Stock A, 100 shares of preferred stock B, and
Exactly two years ago, you created an investment portfolio made up of 200 shares of Common Stock A, 100 shares of preferred stock B, and 15 Coupon Bonds C. At the time, the common stock was selling for $15.22 per share, the preferred stock was selling for $18.75 per share, and the coupon bonds were selling for $958.64 each. During the first year, the common stock paid a dividend of $.52 per share each quarter. During the last year, they increased this to $.60 per share each quarter. The preferred stock is a 3% preferred stock with a face value of $35. The coupon bonds have a coupon rate of 6.54%, a face value of $1,000, and 14 years left until maturity. Today, the common stock is selling for $16.24, the preferred stock is selling for $19.09, and the coupon bonds are selling for $859.15 each. What is your total holding period return on all investments collectively?
Please show your work, and if it can be done in Excel, please provide the formula to use!
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