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Exhibit 1-8
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 1

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Exhibit 1-8
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
Assume that you hold a two stock portfolio. You are provided with the following information on your holdings.  Stock  Shares  Price (t)  Price (t+1) 11510122251516\begin{array}{|l|l|l|l|}\hline \text { Stock } & \text { Shares } & \text { Price }(t) & \text { Price }(t+1) \\\hline 1 & 15 & 10 & 12 \\\hline 2 & 25 & 15 & 16 \\\hline\end{array}
-Refer to Exhibit 1-8. Calculate the HPY for Stock 1.


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