Question
Stock 1/1/11 12/31/11 12/31/12 Intertech $2,500 $3,500 $4,375 Data Move $1,000 $1,200 $1,300 Biofix $2,100 $2,310 $2,079 Portfolio Value $5,600 $7,010 $7,754 Refer to Portfolio.
| Stock | 1/1/11 | 12/31/11 | 12/31/12 |
| Intertech | $2,500 | $3,500 | $4,375 |
| Data Move | $1,000 | $1,200 | $1,300 |
| Biofix | $2,100 | $2,310 | $2,079 |
| Portfolio Value | $5,600 | $7,010 | $7,754 |
Refer to Portfolio. What was the two-year holding period return for the portfolio? Assume any dividend payments are included in the market value shown above.
. a. 38.5% b. 27.8% c. 35.8% d. 30.7% e. None of the above.
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
