Question: You sold a security for $980 that you purchased five years before for $795. What was the holding period return? Prove that this return overstates

You sold a security for $980 that you purchased five years before for $795. What was the holding period return? Prove that this return overstates the annualized, compound return.

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The holding period return is 980795795 233 There are several methods to prove that the annua... View full answer

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