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Use the following information for Question 27 The stock price for RIM (Research in Motion), the former maker of the once popular Blackberry smartphone, was

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Use the following information for Question 27 The stock price for RIM (Research in Motion), the former maker of the once popular Blackberry smartphone, was quite volatile for several years, before it finally went into free fall in the spring of 2011. According to Yahoo Finance, the closing price for the last trading day of November for each of the listed years was: 2003 2004 2005 2006 2007 2008 Stock Price $87.34 $104.81 $70.86 $158.75 $113.83 $54,50 As At Nov 30 HPR First, calculate the one year Holding Period Return for the period ending November 30, 2006, The Holding Period Return (HPR) for the one-year period ending November 30, 2006 is: Multiple Choice 124% 168%

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