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Use the following information for the next four (5,6, 7 and8) problems: The ordinary equity...

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Accounting

Use the following information for the next four (5,6, 7 and8) problems:

The ordinary equity shares of ABC Ltd. had the following historic prices:

Time

Share Price ($)

3/1/2002

50.00

3/1/2003

57.00

3/1/2004

66.12

3/1/2005

74.05

3/1/2006

70.35

3/1/2007

77.39

What was your holding period yield (Annual HPY)?

a.

9.13%

b.

1.0913

c.

1.0913%

d.

0.0913

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