Question
John purchased 100 shares of Black Forest Inc. stock at a price of$151.19 three months ago. He sold all stocks today for$155.20. During this period
John purchased 100 shares of Black Forest Inc. stock at a price of$151.19 three months ago. He sold all stocks today for$155.20. During this period the stock paid dividends of$5.70 per share. What is John's annualized holding period return (annual percentage rate)?
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
