Service

Chat Now

In July of 2012, Taylor purchased 2,000 shares of XYZ common stock for $75,000. He then so

In July of 2012, Taylor purchased 2,000 shares of XYZ common stock for $75,000. He then so

In July of 2012, Taylor purchased 2,000 shares of XYZ common stock for $75,000. He then sold 1,000 shares of XYZ in July of 2013 for $39 per share. The remaining 1,000 shares were finally sold for $50 per share in July 2014. What was the ERR on this investment if the external reinvestment rate is 8% per year?

Abhinav 03-Dec-2019

Answer (UnSolved)

question Get solution