Jack Owned a Stock for Five Months and Earned an Annualized

question 74

Multiple Choice

Jack owned a stock for five months and earned an annualized rate of return of 6 percent.What was the holding period return?

• A) 2.37 percent
• B) 2.42 percent
• C) 2.46 percent
• D) 2.64 percent
• E) 2.72 percent

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Definitions:

Artificial Pacemaker

An electronic device implanted in the body to regulate the heartbeat by generating electrical impulses.

Vena Cava

One of two large veins that empty into the right atrium of the heart.

Right Atrium

The right upper chamber of the heart that receives deoxygenated blood from the body through the vena cava.

Right Ventricle

One of the four chambers of the heart, responsible for pumping deoxygenated blood to the lungs.