Use the Information Below for the Following Problem(S)
the Common

question 57

Multiple Choice

Use the Information Below for the Following Problem(S)
The common stock of XMen Inc. had the following historic prices.
$$\begin{array} { c c } \text { Time } & \text { Price af 2-Tech } \\\hline 3 / 01 / 1999 & 50.00 \\3 / 01 / 2000 & 47.00 \\3 / 01 / 2001 & 76.00 \\3 / 01 / 2002 & 8000 \\3 / 01 / 2003 & 85.00 \\3 / 01 / 2004 & 90.00\end{array}$$
-Refer to Exhibit 1.3.What was your holding period return for the time period 3/1/1999 to 3/1/2004?

• A) 0.1247
• B) 1.8
• C) 0.1462
• D) 0.40
• E) 0.25

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Definitions:

Net Income

The amount of profit left after all operating expenses, taxes, and interest payments are deducted from total revenue.

Revenues

Revenues are the total income earned by a company from its normal business activities, before any expenses are deducted.

Expenses

Costs incurred in the process of earning revenue, typically categorized as certain costs necessary to operate a business.

Assets Increase

A rise in the company's resources, resulting from transactions that bring future economic benefits to the entity.