Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
New Topic  
vanessavz vanessavz
wrote...
Posts: 149
Rep: 0 0
2 years ago
Josh purchased 200 shares of HAR stock at $25.30 per share and sold it 9 months later for $27.20.  HAR does not pay a dividend.  At the same time, he bought 500 shares of WIG for $9.15 a share.  He sold WIG for $9.65 one year later.  During the year, WIG paid 4 quarterly dividends of $0.07 each.  The most useful way to compare the holding period returns on these stocks is to

▸ Multiply the 9 month return on HAR by 12/9.

▸ Divide the 9 month return on HAR by 9/12.

▸ Divide the 1 year return on WIG by 9/12.

▸ The two holding period returns cannot be compared.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
Read 222 times
1 Reply
Replies
Answer verified by a subject expert
neginakbarinneginakbarin
wrote...
Posts: 126
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

vanessavz Author
wrote...

2 years ago
Brilliant
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Helped a lot
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1098 People Browsing
 118 Signed Up Today
Related Images
  
 379
  
 250
  
 886
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 431