Answer to Question #51320 in Finance for mohammed abdu
sold the shares on 12/31/12 for RM3.45. Grandsports’ stock has a beta of 1.9, the
risk-free rate of return is 4%, and the market risk premium is 9%. What is Fendy's
holding period return?
Holding period return HPR = (End Value - Initial Value) / Initial Value = (3.45 - 3)/3*100% = 15%.
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