FIN432 - California State University, Northridge
During the year, the firm paid dividends of $1 per share. At the end of the year, the investor sold the 100 shares at $11 per share. What is the HPR? 1.20%. 5.50%. 12.00%. 20.00% * 3. Given the following returns and return relatives over the past four years, compute the arithmetic mean (AM) and geometric mean (GM) rates of return. ................
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