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At the end of each month Delta Corporation's share price was obtained from the stock exchange. These closing share prices are listed below together with

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At the end of each month Delta Corporation's share price was obtained from the stock exchange. These closing share prices are listed below together with a description of an event occurring during the month. The company's share price at the end of month O is $3.15. End of Month Closing Price Event 0 3.15 1 3.00 1 for 3 rights issue at a subscription price of $2.54 All closing share prices are ex the corresponding event in column three - that is, the event occurred immediately before the end of month 1. What is the discrete) holding period return from end of month 0 to the end of month 1? 12.80% 4.34% 8.57% O 0.11% At the end of each month Delta Corporation's share price was obtained from the stock exchange. These closing share prices are listed below together with a description of an event occurring during the month. The company's share price at the end of month O is $3.15. End of Month Closing Price Event 0 3.15 1 3.00 1 for 3 rights issue at a subscription price of $2.54 All closing share prices are ex the corresponding event in column three - that is, the event occurred immediately before the end of month 1. What is the discrete) holding period return from end of month 0 to the end of month 1? 12.80% 4.34% 8.57% O 0.11%

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