Which of the following definitions is incorrect? I. Capital gain: the increase in an asset holder's wealth from a change in the asset's price
II. Return: the capital gain or loss from holding a security
III. Rate of return: return on a security as a percentage of its initial price
A)I
B)II
C)III
D)All of the Answer s are correct.

Question

Quizplus · Accepted Answer

The definition of "Return" should include both capital gain or loss and any income received from the security, such as dividends or interest.

Which of the Following Definitions Is Incorrect? I