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Wendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/15. Wendy sold the shares on 12/31/15 for $3.45. Genetics stock has a
Wendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/15. Wendy sold the shares on 12/31/15 for $3.45. Genetics stock has a beta of 1.9, the risk-free rate of return is 4%, and the market risk premium is 9%. Wendy's holding period return is a. 15.0%. b. 16.5%. c. 17.6%. d. 21.1%.
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