Fendy purchased 800 shares of Genetics Stock at $3 per share on 1/1/15. Wendy sold the shares on 12/31/15 for $3.45. Genetics stock has a beta of 1.9, the risk-free rate of return is 4%, and the market risk premium is 9%. Fendy's holding period return is
a. 15.0%.
b. 16.5%.
c. 17.6%.
d. 21.1%.
