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In-line exercise: security returns, solution (3)
Ursidae Corp's common stock was worth $50/share at the end of
December, $55/share at the end of January, $40/share at the end
of February, and $21/share at the end of March. There was a $4
dividend paid in February, and a 2-for-1 stock split in March.
Compute the three monthly rates of return for Ursidae Corp.
solution
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