The Returns for IMB Over the Last 3 Years Are

question 17

Multiple Choice

The returns 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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Definitions:

Arbor Vitae

Refers to the treelike appearance of the cerebellar white matter when viewed in cross section, important for the coordination of muscle movements.

Cerebellar White Matter

The white neural tissue inside the cerebellum that contains myelinated nerve fibers connecting different parts of the cerebellum.

Primary Motor Cortex

The brain region located in the frontal lobe, responsible for the voluntary control of skeletal muscles.

Precentral Gyrus

A region of the cerebral cortex, located in the frontal lobe, responsible for motor control.