Question

Last year you purchased a share of stock for $37.98. Today the shares are selling for...

Last year you purchased a share of stock for $37.98. Today the shares are selling for $35.12. What is the Holding Period Yield on this stock for the year? (The answer is a percent, round your answer to two decimal place, e.g. 4.75)

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Answer #1

Ans -7.53%

Po = Purchase Price
P1 = Sale Price
Return on Shares = P1 - P0
35.12 - 37.98
-2.86
Return on Shares in % = Return on Share / P0 * 100
-2.86 / 37.98 * 100
-7.53%
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