Question
You purchased 500 shares of Boston Beer Company (BBC) stock at $2.50 per share on 1/1/19. On 12/31/19, you sell the stock for $3.45 per
You purchased 500 shares of Boston Beer Company (BBC) stock at $2.50 per share on 1/1/19. On 12/31/19, you sell the stock for $3.45 per share. BBC stock has a beta of 1.7, the risk-free rate of return is 6%, and the market risk premium is 9%. What is your holding period return?
- 28%
- 38%
- 70%
- 15%
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
