FINANCE 650 – You purchased 250 shares of General Motors stock

FINANCE 650 – You purchased 250 shares of General Motors stockQuestion
You purchased 250 shares of General Motors stock of at a price of $88.95 two years ago. You sold all stocks today for $74.65. During this period the stock paid dividends of $4.00 per share. What is your annualized holding period return (annual percentage rate)?

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