On august 15, you purchased 110 shares of stock in the cara cotton company at $26 a share and a year later you sold it for $22 a share. during the year, you received dividends of $2.00 a share. compute your hpr and hpy on your investment in cara cotton. use a minus sign to enter negative values, if any. round your answer for hpr to three decimal places. round your answer for hpy to one decimal place.

HPR 7.692 %

HPY 7.7      %

Explanation:

Holding period return: return in one year

Holding period yield: until maturirty

are the same for this case, as the share was for 1 year only:

returns/ investment = HPR = HPY

return:

dividends         $   2

price variance -$   4

 net return      -$   2

Investment

purchase at $   26

-2/ 26 = -1/13 = -0,0769230 = -7.692%

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.