You purchased 250 shares of General Motors stock at a price of $73.08 two years ago. You sold all stocks today for $87.18. During this period the stock paid dividends of $4.66 per share. What is your annualized holding period return (annual percentage rate)?

### Your have just sold your house for $1,000,000 in cash. Your…

Your have just sold your house for $1,000,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $700,000. The mortgage is currently exactly 18.50 years old, and you have just made a payment. If the interest rate on the mortgage is 6.25%