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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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