Which situation described below makes Holding Period Returns the most correct method to use to measure performance?

A. A deal an individual is considering doing using a mortgage and equity partner.

B. A development deal with uncertainty as to the future rents to be charged.

C. A deal where the holding period can be estimated easily but estimating end of period values is nearly impossible or impractical.

D. When analyzing the historical returns of an open-end fund that investors can buy and sell into every quarter.