If you invest $4,200 in Orion Tech stock and 6 years later the stock is worth $11,340, what has been your Total Holding Period Percentage Return? A) 170% B) 169.3% C) 1.69% D) 6.7%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 17P
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I am looking for the correct answer to this general accounting question with appropriate explanations.

If you invest $4,200 in Orion Tech stock and 6 years later
the stock is worth $11,340, what has been your Total
Holding Period Percentage Return?
A) 170%
B) 169.3%
C) 1.69%
D) 6.7%
Transcribed Image Text:If you invest $4,200 in Orion Tech stock and 6 years later the stock is worth $11,340, what has been your Total Holding Period Percentage Return? A) 170% B) 169.3% C) 1.69% D) 6.7%
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