Question
You purchased 250 shares of General Motors stock of at a price of $80.81 two years ago. You sold all stocks today for $74.56. During
You purchased 250 shares of General Motors stock of at a price of $80.81 two years ago. You sold all stocks today for $74.56. During this period the stock paid dividends of $4.23 per share. What is your annualized holding period return (annual percentage rate)?
| Shares | 250 |
| Initial Price | $74.56 |
| End Price | $80.81 |
| Dividends | $4.23 |
| N | 2.00 |
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
