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You have invested in Amazon stock for 6 months, and just sold the stock for $505 per share right after receiving the dividend payment of
You have invested in Amazon stock for 6 months, and just sold the stock for $505 per share right after receiving the dividend payment of $4 per share.
1) If you paid $430 per share 6 months ago, what is your annual percentage rate (APR) on the investment? (6 points)
2) Given the original information, if instead you earned a 10% holding period return (HPR) over the 6 months, how much did you pay for the Amazon stock 6 months ago? (6 points)
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