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tankabanditka [31]
3 years ago
7

On August 15, you purchased 110 shares of stock in the Cara Cotton Company at $26 a share and a year later you sold it for $22 a

share. During the year, you received dividends of $2.00 a share. Compute your HPR and HPY on your investment in Cara Cotton. Use a minus sign to enter negative values, if any. Round your answer for HPR to three decimal places. Round your answer for HPY to one decimal place.
Business
1 answer:
Scrat [10]3 years ago
6 0

Answer:

HPR 7.692 %

HPY 7.7      %

Explanation:

Holding period return: return in one year

Holding period yield: until maturirty

are the same for this case, as the share was for 1 year only:

returns/ investment = HPR = HPY

<u></u>

<u>return: </u>

dividends         $   2

price variance -$   4

 net return      -$   2

<u>Investment</u>

purchase at $   26

-2/ 26 = -1/13 = -0,0769230 = -7.692%

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2 years ago
Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of the senior managers who are op
Vera_Pavlovna [14]

Answer:

The correct answer is negotiation.

Explanation:

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7 0
3 years ago
All else equal, which of the following would tend to cause real GDP per person to rise? a. a change from inward-oriented policie
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Answer:

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3 years ago
Holly files an employment discrimination suit against Industrial Corporation under Title VII of the Civil Rights Act on a dispar
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3 years ago
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Answer:

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