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Exhibit 1-3
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 39

Multiple Choice

Exhibit 1-3
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
The common stock of XMen had the following historic prices.  Time  Price of XMen 3/01/200450.003/01/200547.003/01/200676.003/01/200780.003/01/200885.003/01/200990.00\begin{array} { l l } \text { Time } & \text { Price of XMen } \\\hline 3 / 01 / 2004 & 50.00 \\3 / 01 / 2005 & 47.00 \\3 / 01 / 2006 & 76.00 \\3 / 01 / 2007 & 80.00 \\3 / 01 / 2008 & 85.00 \\3 / 01 / 2009 & 90.00\end{array}
-Refer to Exhibit 1-3. What was your holding period return for the time period 3/1/2004 to 3/1/2009?


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