The annual returns for KLO stock for the last three years are 11.2 percent,16.4 percent and 3.8 percent.Assuming no dividends were paid,what was the 3-year holding period return?
A)10.47%
B)15.70%
C)31.40%
D)34.36%
E)36.52%

Name: The annual returns for KLO stock for the last three years are 11.2 percent,16.4 percent and 3.8 percent.Assuming no dividends were paid,what was the 3-year holding period return? A)10.47% B)15.70% C)31.40% D)34.36% E)36.52%
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Quizplus · Accepted Answer

HPR = (1.112 × 1.164 × 1.038)- 1 = .3436,or 34.36%

The Annual Returns for KLO Stock for the Last Three