Elise just sold a stock and realized a 6.2 percent return for a 4-month holding period.What was her annualized rate of return?
A)11.98 percent
B)14.78 percent
C)19.78 percent
D)21.29 percent
E)27.20 percent

Name: Elise just sold a stock and realized a 6.2 percent return for a 4-month holding period.What was her annualized rate of return? A)11.98 percent B)14.78 percent C)19.78 percent D)21.29 percent E)27.20 percent
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Question

Quizplus · Accepted Answer

1 + EAR = (1 + .062)^12/4 - 1 = 19.78 percent

Elise Just Sold a Stock and Realized a 6