Multiple Choice
The prices for IMB over the last 3 years are given below. Assuming no dividends were paid,what was the 3-year holding period return? Given the following information: Year 1 return = 10%,Year 2 return = 15%,Year 3 return = 12%.
A) 12.3%
B) 13.9%
C) 15.8%
D) 41.7%
E) 46.5%
Correct Answer:
Verified
Correct Answer:
Verified
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