Question
Exhibit 1-1 USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S) Assume you bought 100 shares of NewTech common stock on January 15, 2003 at $50.00
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Exhibit 1-1 USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S) Assume you bought 100 shares of NewTech common stock on January 15, 2003 at $50.00 per share and sold it on January 15, 2004 for $40.00 per share. Refer to Exhibit 1-1. What was your holding period return?
a. 25%
b. -20%
c. -10%
d. 0.8
e. -0.8
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Financial Strategies For The Manager
Authors: Charles Priester, Jincheng Wang
1st Edition
3540709630,3540709665
