Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)
Question 4 (1 point)
You purchased 250 shares of General Motors stock at a price of $87.63 two years ago. You sold all stocks today for $81.53. During this period the stock paid dividends of $3.65 per share. What is your annualized holding period return (annual percentage rate)?
Round the answers to two decimal places in percentage form. (Write the percentage sign in the “units” box)