$($Computing holding$-$period returns$)$

a$.$ From the price data here, compute the holding$-$period returns for Jazman and Solomon for periods $2,3$ and $4.$

Hint. Calculate the holding$-$period return against the previous period. In other words, holding$-$period returns from period $1$ to $2,$ from period $2$ to $3$ and from period $3$ to $4$

b$.$ How would you interpret the meaning of a holding$-$period return?

a$.$ From the price data in the table, compute the holding$-$period returns for Jazman for periods $2$ through $4.$

The holding$-$period return in period $2$ for Jazman is $\%.($Round to two decimal places.$)$

The holding$-$period return in period $3$ for Jazman is $\%.($Round to two decimal places.$)$

The holding$-$period return in period $4$ for Jazman is $\%.($Round to two decimal places.$)$

From the price data in the table, compute the holding$-$period returns for Solomon for periods $2$ through $4.$

The holding$-$period return in period $2$ for Solomon is $\%.($Round to two decimal places.$)$

The holding$-$period return in period $3$ for Solomon is $\%.($Round to two decimal places.$)$

The holding$-$period return in period $4$ for Solomon is $\%.($Round to two decimal places.$)$

b$.$ Judge whether the statement is true or false: "The holding$-$period rate of return is the return an investor would receive from holding a security for a designated period of time." $($Select from the drop$-$down menu.$)$

Data table

$($Click on the following icon in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[$PERIOD$,$JAZMAN,SOLOMON$],[1,$$$7,$$$27$