Determine the ?simons portfolio hpr during the year ended

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Question: On January? 1, 2017?, Simon? Love's portfolio of 15 common stocks had a market value of $250,000. At the end of May 2017?, Simon sold one of the? stocks, which had a? beginning-of-year value of $26,700?, for $31,200. He did not reinvest those or any other funds in the portfolio during the year. He received total dividends from stocks in his portfolio of $12,000 during the year. On December? 31, 2017?, ?Simon's portfolio had a market value of $249,000. Find the HPR on? Simon's portfolio during the year ended December? 31, 2017. ? (Measure the amount of withdrawn funds at their? beginning-of-year value.)

?Simon's portfolio HPR during the year ended December? 31, 2017?, is ___% (Round to two decimal? places.)

Reference no: EM132760398

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