Solved

Joe Purchased 800 Shares of Robotics Stock at $3 Per

Question 51

Multiple Choice

Joe purchased 800 shares of Robotics Stock at $3 per share on 1/1/09.Bill sold the shares on 12/31/09 for $3.45.Robotics stock has a beta of 1.9,the risk-free rate of return is 4%,and the market risk premium is 9%.Joe's holding period return is:


A) 15.0%.
B) 16.5%.
C) 17.6%.
D) 21.1%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions