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Please don't use excel Novo - Gemini shares were purchased for $ 2 0 . 7 5 per share. At the time of purchase, research

Please don't use excel
Novo-Gemini shares were purchased for $20.75 per share.
At the time of purchase, research suggested that Novo-Gemini shares were expected to sell for $29.00 per share at the end of a 3-year holding period.
At the time of purchase, the required return for novo-Gemini based upon the capital asset pricing model (CAPM) was estimated to be 12.6% on an annual basis.
Exactly 3 years after the purchase date, the shares were sold for $30.05 per share.
No dividends were paid by novo-Gemini over the 3-year holding period.
5. Based upon the details above, the expected three-year holding period return for Novo-Gemini Inc. at the time of purchase was closest to:
a)39.76%.
b)42.76%
c)44.82%.
6. Based upon the above, the realized three-year holding period return for Novo-Gemini Inc. was closest to:
a)39.76%.
b)42.76%.
c)44.82%.

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