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You invest $75 at the beginning of the year in Resale Capital Fund. The value of the investment grows by 4.2%, and you earn a $5.6 dividend. What was your holding period return (HPR)?

You invest $75 at the beginning of the year in Resale Capital Fund. The value of the investment grows by 4.2%, and you earn a $5.6 dividend. What was your holding period return (HPR)?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter12: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1FPE: What makes for a good investment? Use the approximate yield formula or a financial calculator to...
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What was your holding period return on these financial accounting question?

You invest $75 at the beginning of the year in Resale Capital Fund. The value of the investment grows by 4.2%, and you earn a $5.6 dividend. What was your holding period return (HPR)?
Transcribed Image Text:You invest $75 at the beginning of the year in Resale Capital Fund. The value of the investment grows by 4.2%, and you earn a $5.6 dividend. What was your holding period return (HPR)?
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