Fendy purchased 800 shares of grandsports stock at rm3 per

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Fendy purchased 800 shares of Grandsports' stock at RM3 per share on 1/1/12. He sold the shares on 12/31/12 for RM3.45. Grandsports' stock has a beta of 1.9, the risk-free rate of return is 4%, and the market risk premium is 9%. What is Fendy's holding period return?

Reference no: EM13479296

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Fendy purchased 800 shares of grandsports stock at rm3 per : fendy purchased 800 shares of grandsports stock at rm3 per share on 1112. he sold the shares on 123112 for rm3.45.
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