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Wendy purchased 800 shares of Genetics Stock at $16 per share on 1/1/12. Wendy sold the shares on 12/31/12 for $10. Genetics stock has a

image text in transcribed Wendy purchased 800 shares of Genetics Stock at $16 per share on 1/1/12. Wendy sold the shares on 12/31/12 for $10. Genetics stock has a beta of 1.24 , the risk-free rate of return is 0.038 , 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. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number .011 , neither 0.0106465,0.0106, nor 1.065 . Otherwise, Blackboard will treat it as a wrong answer. Wendy purchased 800 shares of Genetics Stock at $16 per share on 1/1/12. Wendy sold the shares on 12/31/12 for $10. Genetics stock has a beta of 1.24 , the risk-free rate of return is 0.038 , 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. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number .011 , neither 0.0106465,0.0106, nor 1.065 . Otherwise, Blackboard will treat it as a wrong

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