Question
Information about three securities appears next. Beginning-of-Year Price End-of-Year Price Interest/Dividend Paid Stock 1 $ 42.60 $ 46.85 $ 1.60 Stock 2 $ 1.35 $
Information about three securities appears next.
| Beginning-of-Year Price | End-of-Year Price | Interest/Dividend Paid | |
|---|---|---|---|
| Stock 1 | $ 42.60 | $ 46.85 | $ 1.60 |
| Stock 2 | $ 1.35 | $ 1.46 | $ .00 |
| Bond 1 | $ 1,030 | $ 1,058 | $ 42.00 |
a. Assuming interest and dividends are paid annually, calculate the annual holding period return on each security.
Note: Round your answers to 1 decimal place.
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
