USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 52

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You purchased 100 shares of GE common stock on January 1, for $29 a share. A year later you received $1.25 in dividends per share and you sold it for $28 a share.
-Refer to Exhibit 1.7. Calculate your holding period return (HPR) for this investment in GE stock.

• A) 0.9655
• B) 1.0086
• C) 1.0357
• D) 1.0804
• E) 1.0973

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Definitions:

Goal Seek

A function in spreadsheet software that finds the input value needed to achieve a specific target output in a formula or function.

Input Values

Data that is entered into a system or application for processing or analysis.

Solver Button

A feature in spreadsheet software that allows users to find optimal solutions to complex mathematical problems.

Analyze Group

A process or method of breaking down data or issues into smaller components to understand their structure and implications.