Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What is the portfolio's three-year holding period return (from January 2010 through December 2012)?
A) 71.8%
B) 23.9%
C) 68.3%
D) 22.8%
E) None of the above.

Question

Foxy Ladies Investment Club
The Foxy Ladies Investment Club purchased 100 shares of common stock each in Coca-Cola, Intel, and Merck on January 02, 2010. A summary of their portfolio is given below:

-Refer to Foxy Ladies Investment Club.What is the portfolio's three-year holding period return (from January 2010 through December 2012)?
A) 71.8% 
B) 23.9% 
C) 68.3% 
D) 22.8% 
E) None of the above.

Quizplus · Accepted Answer

The three-year holding period return is calculated by taking the ending value of the portfolio, subtracting the beginning value, and dividing by the beginning value. The correct calculation results in a 71.8% return.