1. If you invest $100 in 1960 and end up with a value of $6,000 in 2000 , what was your annualized holding period return? (a) 10.78% (b) 11.36% (c) 60% (d) Impossible to calculate with values given 2. You invested $100 with your bank. After 14 months, the bank tells you that your initial investment is now worth $143. How would you compute your annualized HPR? (a) (100143)12141 (b) (143100)12141 (c) (100143)14121 (d) Not enough information. 3. Which of the following is a feature of the tangency portfolio? (a) No other feasible portfolio has a higher Sharpe ratio (b) It has lower variance than the MVP