Wendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/12
Wendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/12. Wendy sold the shares on
12/31/12 for $3.45. Genetics stock has a beta of 1.9, the risk-free rate of return is 4%, and the market
risk premium is 9%.
Wendy’s holding period return is
A) 15.0%. B) 16.5%. C) 21.1%. D) 17.6%.
ANSWER
A
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