Problem
A. Calculate the HPR of a 13 year bond with 5.3% coupon, purchased at 95 if held until maturity.
B. Cassidy holds a preferred share paying a dividend of $0.23 every quarter. Cassidy paid 28 for the share. What is Cassidy's Effective Annual return on the share assuming all dividends are paid?
C. Calculate the HPR on a 5 year stock investment when the share was purchased for $45 and sold at the end of year 5 for $47.13. The share paid a dividend of $0.24 for 3 of the years