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Good evening, Can you please help me figure out what I am doing wrong here? The question is: John purchased 100 shares of stock at
Good evening,
Can you please help me figure out what I am doing wrong here?
The question is:
John purchased 100 shares of stock at $156.30 three months ago. He sold all of his stock today for $157.97. He as paid a dividends of $4.06 per share. What is John's annualized holding period return (annual percentage rate?) The answer is supposed to be 14.66%, but I don't get that any way that I attempt to solve it.
Thanks
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