Question
John purchased 100 shares of Black Forest Inc. stock at a price of $151.63 three months ago. He sold all stocks today for $159.33. During
John purchased 100 shares of Black Forest Inc. stock at a price of $151.63 three months ago. He sold all stocks today for $159.33. During this period the stock paid dividends of $5.44 per share. What is Johns annualized holding period return (annual percentage rate)?
Round the answers to two decimal places in percentage form.
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
