Assume you bought 100 shares of AZB on 21 January 2019 at $50.00 per share and sold it on 21 January 2020 for $40.00 per share. What was your holding period yield?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section: Chapter Questions
Problem 2DQ
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Assume you bought 100 shares of AZB on 21 January 2019 at $50.00 per share
and sold it on 21 January 2020 for $40.00 per share. What was your holding
period yield?
Transcribed Image Text:Assume you bought 100 shares of AZB on 21 January 2019 at $50.00 per share and sold it on 21 January 2020 for $40.00 per share. What was your holding period yield?
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