The prices for company A for the first quarter of 2007 are given below. The price of the stock on January 1, 2007 was $120. Find the holding period return for an investor who purchased the stock on January 1, 2007 and sold it the last day of February 2007.
Month End Value
January $127.00
February $115.50
March $140.94
Please Show Work I'm stuck on this!
Ans: -3.90%, -3.75%, 2.08%, 3.52%