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Wendy purchased 800 shares of Genetics Stock at $14 per share on 1/1/12. Wendy sold the shares on 12/31/12 for $13. Genetics stock has a
Wendy purchased 800 shares of Genetics Stock at $14 per share on 1/1/12. Wendy sold the shares on 12/31/12 for $13. Genetics stock has a beta of 1.23, the risk-free rate of return is 0.058, and the market risk premium is 9%. Wendy's holding period return is Instruction: Type your answer as a decimal, and round to three decimal places.
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