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Q2. Suppose you have purchased 1,000 BHP common stocks in Australia since August 2019. (students are required to get the relevant data by themselves) a)
Q2. Suppose you have purchased 1,000 BHP common stocks in Australia since August 2019. (students are required to get the relevant data by themselves) a) Please list the monthly closing prices of BHP common stock in Australia from August 2019 to July 2020. (2 marks) Using the monthly closing prices to calculate: b) The holding period rate of return from August 2019 to July 2020. (5 marks) c) The holding period rate of return from August 2019 to July 2020, if you use a margin account with 40% of initial margin (ignore the interest paid on margin loans). (5 marks) d) The ding period rate of return from August 2019 to July 2020 if you purchased only 500 BHP common stocks. (3 marks) Date Open High Low Close Adj. close** Volume 01 Aug 2020 53.48 58.35 53.25 55.06 53.99 36,372,000 01 Jul 2020 49.48 54.45 49.04 52.84 51.81 44,844,300 01 Jun 2020 47.34 52.86 47.17 49.73 48.76 43,431,000 01 May 2020 38.83 47.49 38.32 47.10 46.18 47,727,900 01 Apr 2020 36.34 42.27 35.68 40.68 39.89 60,253,900 05 Mar 2020 1.3 Dividend 01 Mar 2020 43.41 45.82 29.78 36.69 34.95 138,359,800 01 Feb 2020 50.96 53.00 42.57 43.31 41.26 47,861,500 01 Jan 2020 55.22 56.78 51.01 51.11 48.69 43,919,100 01 Dec 2019 51.47 55.78 50.44 54.71 52.12 26,705,700 01 Nov 2019 49.25 52.35 49.18 51.53 49.09 31,320,200 01 Oct 2019 49.46 50.06 46.84 48.91 46.59 36,206,300 05 Sep 2019 1.56 Dividend 01 Sep 2019 48.21 52.39 48.21 49.38 45.59 36,492,700 01 Aug 2019 53.73 54.37 46.61 49.16 45.38 48,922,600 *Close price adjusted for splits. **Adjusted close price adjusted for both dividends and splits
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