A fund was valued at a net asset value (NAV) of $100 at the beginning of 2023
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Question:
A fund was valued at a net asset value (NAV) of $100 at the beginning of 2023 and was held for 6 months. During the holding period, assets in the portfolio pay $2 in dividends and interests were earned on that amount. At the end of the holding period, the total net asset value of the fund was $118
What is the HPR?
Expert Answer:
The Holding Period Return HPR can be calculated using the formula HPR Ending ... View the full answer
Related Book For 
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
