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What the Simon portfolio HPR during the year ended December

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Question - On January 1, 2017, Simon Love's portfolio of 15 common stocks had a market value of $264,000. At the end of May 2017, Simon sold one of the stocks, which had a beginning-of-year value of $26,100, for $31,900. 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 $11,300 during the year. On December 31, 2017, Simon's portfolio had a market value of $246,000. Find the HPR on Simon's portfolio during the year ended December 31, 2017. What the Simon's portfolio HPR during the year ended December 31, 2017?

Reference no: EM133033046

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