The following table presents select snapshots from the 2015 price and dividend history of the common stock for 3M, as obtained from Yahoo financial…
A.) Using the closing price and the dividend data provided, what was the holding period return (HPR) for the stock in 2015?
B.) Using adjusted closing prices only, what was the Total Return for the stock for the year?
C.) Do the two estimates differ? Why?
Fyi I’ve solved all my homework questions but like to check my work to get a perfect score. This question is all over the web and there are more than a dozen different answers for part (B) and half a dozen answers for part (A). Everyone seems to be doing the HPR formula different. Thanks for the help.