Joe bought a share of stock for $47.50 that paid a dividend of $0.82 and sold one year later for $52.38. What was Joe's dollar profit or loss and holding period return? Profit = $5.70; holding period return = 10.27% Profit = $4.88; holding period return = 12% Profit = $4.88; holding period return = 10.27% Profit = $5.70; holding period return = 12.00% Garagiola Corp. has just issued nonconvertible preferred stock (cumulative) with a par value of $75 and an annual dividend rate of 7.20%. The preferred stock is currently selling for $90 per share. What is the yield or return (r) on this preferred stock? 6.10% 6.15% 6.00% 6.05% A company's asset will generate $4,110 at the end of each year for 15 years before becoming worthless. To the nearest penny, what is the present value of this asset if the asset's required rate of return is 10%. about $31,261 about $31,420 about $31,100 about $31,720 What are the APYs for these two situations? (1) The APR is 8% compounded semiannually. (2) The APR is 21.6% compounded monthly. 8.16% and 23.87% Both are greater than 9% Both are less than 20% 8.25% and 21.87%