Stacey purchased 300 shares of Coulter Industries stock and held it for 4 months before reselling it.What is the value of "m" when computing the annualized return on this investment?

Question

Quizplus · Accepted Answer

The annualized return is calculated by dividing the return by the holding period and multiplying by 12. In this case, the holding period is 4 months, which is 1/3 of a year. Therefore, the annualized return is:(Return / (Holding period / 12)) = (Return / (4 / 12)) = Return * 3So, the value of "m" is 3.

Stacey Purchased 300 Shares of Coulter Industries Stock and Held