During the past three (3) years you have owned 100 shares of Williams Pharma Corporation, a commercial biotech firm. During this period the company’s stock price has been as follows: Year  Price 2017  $135 (your purchase price) 2018  $144 2019  $167 2020  $154 If the company pays no dividends on its stock, determine the following items based upon the above information. The Holding Period Return (HPR) for your investment at the end of the 3-years. Show all work, carrying all calculations out to four (4) decimal places. Highlight your answer in bold.  The Annualized Holding Period Yield (HPYann) for your investment for your 3-years hold time. Show clearly all work, carrying all calculations out to four (4) decimal places. Highlight in bold your answer in bold.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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During the past three (3) years you have owned 100 shares of Williams Pharma Corporation, a commercial biotech firm. During this period the company’s stock price has been as follows:


Year  Price 
2017  $135 (your purchase price) 
2018  $144 
2019  $167 
2020  $154


If the company pays no dividends on its stock, determine the following items based upon the above information. 
The Holding Period Return (HPR) for your investment at the end of the 3-years. Show all work, carrying all calculations out to four (4) decimal places. Highlight your answer in bold. 


The Annualized Holding Period Yield (HPYann) for your investment for your 3-years hold time. Show clearly all work, carrying all calculations out to four (4) decimal places. Highlight in bold your answer in bold. 

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