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%

If you need any clarification, you can ask in comments.    

If you like my answer, then please up-vote as it will be motivating       

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
If you have a portfolio with the following returns: 2015 22% 2016 22% 2017 22% 2018...
If you have a portfolio with the following returns: 2015 22% 2016 22% 2017 22% 2018 22% 2019 22% The standard deviation would be ________ and its correlation coefficient would be expected to be _________
""Compute MACRS allowable for Oak Co. for its tax returns for 2015, 2016, 2017 and 2018....
""Compute MACRS allowable for Oak Co. for its tax returns for 2015, 2016, 2017 and 2018. All items were placed in service when purchased unless stated otherwise. In February 2015 Oak purchased five Office desks (five year items) cost 40,000 each. Because Oak made very little money in 2015 the accountants decided it would be best to decline all special write-offs in 2015. In December 2017 Oak moved to a smaller office and put two of the desks out for...
2019 2018 2017 2016 2015 Sales $ 442,210 $ 285,297 $ 222,021 $ 153,648 $ 116,400...
2019 2018 2017 2016 2015 Sales $ 442,210 $ 285,297 $ 222,021 $ 153,648 $ 116,400 Cost of goods sold 223,505 144,349 114,161 78,174 58,200 Accounts receivable 21,359 16,718 15,231 8,942 7,950 Compute trend percents for the above accounts, using 2015 as the base year. Trend Percent for Net Sales: Choose Numerator: / Choose Denominator: / = Trend percent 2019: / = % 2018: / = % 2017: / = % 2016: / = % Trend Percent for Cost of...
Corley has the following general business credit carryovers: 2015: $12,000 2016:   $9,000 2017: $14,000 In 2018,...
Corley has the following general business credit carryovers: 2015: $12,000 2016:   $9,000 2017: $14,000 In 2018, his total general business credit is $55,000 and the total credit allowed in 2018 (based on tax liability) is $70,000. What is the amount of the general business credit carryover (by year) to 2019? If amount is zero, enter "0". 2015 carryover to 2019: $ 2016 carryover to 2019: $ 2017 carryover to 2019: $ 0 2018 carryover to 2019: $
The pretax financial income (or loss) figures for Indigo Company are as follows. 2015 $164,000 2016...
The pretax financial income (or loss) figures for Indigo Company are as follows. 2015 $164,000 2016 275,000 2017 86,000 2018 (164,000 ) 2019 (390,000 ) 2020 113,000 2021 98,000 Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 25% tax rate for 2015 and 2016 and a 20% tax rate for the remaining years. Prepare the journal entries for the years 2017 to 2021 to record income tax expense and the...
The following table contains returns for 2 stocks (A and B). What is the numerical correlation...
The following table contains returns for 2 stocks (A and B). What is the numerical correlation of the 2 stocks? Round to two decimals places. Year Stock A Stock B 2015 5.33% 7.44% 2016 -1.76% 2.30% 2017 -6.99% -7.00% 2018 5.18% 1.33% 2019 1.00% -2.22% 2020 3.45% 11.00% Use the following table to calculate the expected return of Stock D if the expected portfolio return is 7.10%. Enter as decimal (not %) and round to 3 decimal places. Enter as...
The pretax financial income (or loss) figures for Skysong Company are as follows. 2015 $144,000 2016...
The pretax financial income (or loss) figures for Skysong Company are as follows. 2015 $144,000 2016 225,000 2017 72,000 2018 (144,000 ) 2019 (342,000 ) 2020 108,000 2021 90,000 Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 45% tax rate for 2015 and 2016, and a 20% tax rate for the remaining years. Prepare the journal entries for the years 2017 to 2021 to record income tax expense and the...
The annual returns on the stock of a firm during the last four years are provided...
The annual returns on the stock of a firm during the last four years are provided below.                                     ___________________________________                                    Year Return                                     ___________________________________                                     2016               –0.10 (or –10%)                                     2017                0.10 (or 10%)                                     2018                0.15 (or 15%)                                     2019                0.25 (or 25%)                                     __________________________________ a) Find the holding period return of the stock over the four-year period. b) Compute the arithmetic average return of the stock over the four-year period. c) Calculate the geometric average return of the...
The annual returns on the stock of a firm during the last four years are provided...
The annual returns on the stock of a firm during the last four years are provided below.                                     ___________________________________                                    Year Return                                     ___________________________________                                     2016               –0.10 (or –10%)                                     2017                0.10 (or 10%)                                     2018                0.15 (or 15%)                                     2019                0.25 (or 25%)                                     __________________________________ a) Find the holding period return of the stock over the four-year period. b) Compute the arithmetic average return of the stock over the four-year period. c) Calculate the geometric average return of the...
Past dividends 2015 $1.32 Required return = 11% 2016 $1.44 2017 $1.54 2018 $1.66 2019 $1.76...
Past dividends 2015 $1.32 Required return = 11% 2016 $1.44 2017 $1.54 2018 $1.66 2019 $1.76 Use the appropriate dividend model to place a value on this stock for 2020.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT