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Question 1 (15 points) ABC stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Per Share Paid at Year End 2014 2015
Question 1 (15 points) ABC stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Per Share Paid at Year End 2014 2015 2016 2017 $20 $25 $21 $24 $1 $2 $0 $2 # of Shares Bought or Sold at Year Beginning 50 bought 70 bought 60 sold 60 sold (1) Calculate the holding period returns (HPR) for 2014, 2015, and 2016. (2) What is the geometric average return for the period? (3) What is the dollar-weighted average return (IRR) for the period
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