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Investment X Y Cash received 1st quarter $1.31 $2.11 2nd quarter $0.37 $2.11 3rd quarter $0.55 $2.11 4th quarter $4.47 $2.11 Investment value Beginning of

Investment

X

Y

Cash received

1st quarter

$1.31

$2.11

2nd quarter

$0.37

$2.11

3rd quarter

$0.55

$2.11

4th quarter

$4.47

$2.11

Investment value

Beginning of year

$34.83

$51.14

End of year

$40.18

$

Calculate a one-year holding period return (HPR) for the following two investment alternatives:

LOADING...

. Which investment would you prefer, assuming they are of equal risk? Explain.

The HPR for investment X is

nothing%.

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