Question 1. The prices for IMB over the last 3 years are given below. Assuming no dividends were paid, what was the 3-year holding period return?
Year Price
0 $70
1 $64
2 $68
3 $80
(A) 17.65%
(B) 5.11%
(C) 14.29%
(D) ?8.57%
Question 2. An investor bought 100 shares of stock at $20 each. At the end of the year, the investor received a total of $400 in dividends, and the stock was worth $2,500 total. What was the total return?
(A) 45%
(B) 50%
(C) 90%
(D) 20%