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Assume a share has price at t time (Pt) and at t-1 (Pt-1), the rate of return of this share is 1.Pt - Pt-1 /

Assume a share has price at t time (Pt) and at t-1 (Pt-1), the rate of return of this share is

1.Pt - Pt-1 / Pt-1

2.(Pt - Pt-1) / Pt-1

3.[Pt / Pt-1] - 1

4.2 and 3

Which of the following?

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