Part A) You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Dollar gain or loss; and (b) HPR?
A. $2.38; 6.3%
B. $6.30; 2.4%
C. $2.38; 5.9%
D. $77.98; 20.6%
Part B) You bought a stock for $37.80 and sold it 7 months later for $40.18 with no dividends paid. What is your (a) Simple annual return; and Compounded annual return?
A. 3.7%; 3.6%
B. 11.0%; 10.8%
C. 3.6%; 3.7%
D. 10.8%; 11.0%