Assuming No Dividends Were Paid, What Was the 3-Year Holding

question 34

Multiple Choice

Assuming no dividends were paid, what was the 3-year holding period return on a share 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%

---

Definitions:

Intelligence Quotient

A score that takes into account a student’s mental and chronological age.

Mental Age

Mental age refers to a measure of an individual's cognitive ability compared to the average cognitive ability of a person at a specific age.

Chronological Age

The amount of time that has elapsed since an individual's birth, typically measured in years, months, and days.

Mental Age

A measure of an individual's mental aptitude based on the average abilities of a certain age group.