Question
Find the adjusted closing price on 1/12/2024, 1/12/2023, 1/12/2022, and 1/12/2021. The stock does not pay dividends. Use the Adjusted Closing Price to calculate: 1)
Find the adjusted closing price on 1/12/2024, 1/12/2023, 1/12/2022, and 1/12/2021.\ The stock does not pay dividends. Use the Adjusted Closing Price to calculate:\ 1) Calculate the HPR over the 3-year period.\ 2) Calculate the HPY over the 3-year period.\ 3) Determine the annual HPY.\ 4) Calculate the arithmetic mean return over the 3-year period.\ 5) Calculate the geometric mean return over the 3-year period.\ 6) If you buy one share of AMZN on 1/12/2021, using the returns you calculated, does the ending\ value match the ending price on 1/12/2024?\ 7) Which return did you use (geometric or arithmetic mean)?\ 8) If you bought 100 shares of each of the following: TSLA, AAPL, and AMZN on 1/12/2023 and\ then sold all the shares on 1/15/2024, ignoring any transaction costs, what would your\ portfolios holding period yield (HPY) be?\ Note: As in the notes, Market Weights are based on beginning market values.
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