You purchased a share of stock for $87.45 twelve years ago and just sold it today for $115.83. No dividends were paid out over the twelve years but you did receive an accumulated dividend of $35.70 when you sold the stock. What is your (a) Dollar gain or loss; and (b) HPR?

• A.

  $28.38; 24.5%

• B.

  $64.08; 73.3%

• C.

  $64.08; 55.3%

• D.

  $203.28;23.2%

You purchased a share of stock for $87.45 twelve years ago and just sold it today for $115.83. No dividends were paid out over the twelve years but you did receive an accumulated dividend of $35.70 when you sold the stock. What is your (a) Simple Annual Return; and Compounded Annual Return?

• A.

  4.7%; 6.1%

• B.

  5.8%; 3.4%

• C.

  3.4%; 5.8%

• D.

  6.1%;4.7%

You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Dollar gain or loss; and (b) HPR?

• A.

  $2.38; 6.3%

• B.

  $6.30; 2.4%

• C.

  $2.38; 5.9%

• D.

  $77.98;20.6%

You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Simple annual return; and Compounded annual return?

• A.

  3.7%; 3.6%

• B.

  11.0%; 10.8%

• C.

  3.6%; 3.7%

• D.

  10.8%;11.0%

Consider the following sample returns: 8%; -4%; 12%; 6%. What is the (a) average return; and (b) standard deviation of the returns?

• A.

  6.81%; 550%

• B.

  5.50%; 6.81%

• C.

  5.50%; 46.4%

• D.

  6.81%;4.64%

If the returns in the prior problem were for the entire population of returns, what is the standard deviation of the returns?

• A.

  6.81%

• B.

  46.4%

• C.

  34.7%

• D.

  5.89%