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I need help in these two questions please ASAP ! 8 . You p urchased a share of stock for $5 0. Two year s
I need help in these two questions please ASAP !
8. You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your holding period return?
A. 18%
B. 22%
C. 20%
D. 25%
9. Related to the previous question, what was your effective annual rate?
E. 12.5%
F. 10.5%
G. 10.0%
H. 9.5%
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