- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 1. Rates and Returns
- Subject 2. Rates of Return
CFA Practice Question
An analyst gathers the following information about a common stock investment:
Cash dividend received: 4.00
Stock sale: 54.00
Stock purchase: 48.00
Cash dividend received: 4.00
Stock sale: 54.00
The holding period return is closest to ______.
A. 12.5%
B. 15.75%
C. 20.8%
Explanation: HPR = (54 - 48 + 4) / 48 = 20.8%. The HPR is not annualized for holding periods shorter than a year.
User Contributed Comments 1
User | Comment |
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Binkey | HPR is not annualized for periods shorter than a year |