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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