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Four years ago, David Robertson purchased 2 0 0 shares of Harrison Microchips. At the time, each share of Harrison Microchips was selling for $
Four years ago, David Robertson purchased shares of Harrison Microchips. At the time, each share of Harrison Microchips was selling for $ He also paid a $ commission when the shares were purchased. Now, four years later, he has decided it's time to sell his investment. Harrison Microchips's share price when sold was $ In addition, he paid a $ commission to sell his shares. He also received total dividends of $ per share over the fouryear investment period.
a What was the total return for Mr Robertson's investment?
b What is the annualized holding yield for his investment?
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