Cash equivalents are consider the adjusted closing prices, Financial Management

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Cash equivalents are consider the adjusted closing prices

1. Consider the adjusted closing prices for Louis Stock

Year Adj. Price

2011 $ 15.00

2010 $ 16.00

2009 $ 14.00

2008 $ 12.00

2007 $ 8.00

What is the holding period return for Louis?

a. 18.68%

b. 13.00%

c. 15.60%

d. 16.70%

2. Cash equivalents? are:

A. very liquid and carry high risk.

B. not liquid and carry little risk.

C. not liquid and carry high risk.

D. very liquid and carry little risk.

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Financial Management: Cash equivalents are consider the adjusted closing prices

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Financial Management: Cash equivalents are consider the adjusted closing prices

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