Question

Returns on Goode company stocks were as follows: 2015: 17.80% 2016: 2.94% 2017: 23.43% 2018: 29.13%...

Returns on Goode company stocks were as follows:

2015: 17.80%

2016: 2.94%

2017: 23.43%

2018: 29.13%

2019: -1.17%

What was the 5-year holding period return for Goode company’s stocks over this period?

Homework Answers

Answer #1

Yearly Returns on Goode company stocks were as follows:

2015: 17.80%

2016: 2.94%

2017: 23.43%

2018: 29.13%

2019: -1.17%

5-year Holding period Return

5-year Holding period Return

5-year Holding period Return = 1.91014 - 1

5-year Holding period Return = 91.01%

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