Question
John purchased 100 shares of Black Forest Inc. stock at a price of $154.42 three months ago. He sold all stocks today for $157.07. During
John purchased 100 shares of Black Forest Inc. stock at a price of $154.42 three months ago. He sold all stocks today for $157.07. During this period the stock paid dividends of $5.23 per share. What is Johns annualized holding period return (annual percentage rate)?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
