James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the 18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively? O A. 10.29%, 6.86%, 4.52% O B. 6.86%, 6.75%, 10.29% OC. 6.75%, 6.86%, 10.29 % O D. 10.29%, 6.75%, 6.86%
James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the 18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively? O A. 10.29%, 6.86%, 4.52% O B. 6.86%, 6.75%, 10.29% OC. 6.75%, 6.86%, 10.29 % O D. 10.29%, 6.75%, 6.86%
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
Section: Chapter Questions
Problem 1PS
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![James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the
18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively?
O A. 10.29%, 6.86%, 4.52%
O B. 6.86%, 6.75%, 10.29%
OC. 6.75%, 6.86%, 10.29%
O D. 10.29%, 6.75%, 6.86%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F45c54703-686b-4b44-b93b-7688eca85f6a%2F7ed27f4e-194c-434b-9db5-e4920061e2bf%2Fzovdx2o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:James purchased Eastern Industry's stock for $56.85 per share and sold it 18 months later for $59.95 after receiving a cumulative dividend of $2.75 at the end of the
18 months. What was James' holding period return (HPR), Simple Annualized Return, and Compound Annualized Return, respectively?
O A. 10.29%, 6.86%, 4.52%
O B. 6.86%, 6.75%, 10.29%
OC. 6.75%, 6.86%, 10.29%
O D. 10.29%, 6.75%, 6.86%
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