The Prices for IMB Over the Last 3 Years Are

question 32

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%

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