Question:Suppose you bought a share of Visa at the opening price of
$178.50 a share on...
Question
Suppose you bought a share of Visa at the opening price of
$178.50 a share on...
Suppose you bought a share of Visa at the opening price of
$178.50 a share on Monday, November 11, 2019. You sold the stock on
Friday, November 22, 2019 at the closing price of $179.47 a share.
The company paid out $0.30 per-share regular dividend on Thursday,
November 14, 2019.
Ignoring transaction costs, what was the 12-day HPR of this
investment?
What was the APR and the EAR of this investment? (Assume that a
year is 366 days.)