Kurt's Toy Co.has had total annual returns for the past five years of -5 percent,8 percent,-3 percent,20 percent,and 12 percent.What is the 5-year holding period return?
A)42.03%
B)5.50%
C)6.40%
D)33.76%
E)36.75%

Name: Kurt's Toy Co.has had total annual returns for the past five years of -5 percent,8 percent,-3 percent,20 percent,and 12 percent.What is the 5-year holding period return? A)42.03% B)5.50% C)6.40% D)33.76% E)36.75%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Holding period return = [.95 × 1.08 × .97 × 1.20 × 1.12] - 1 = 33.76%