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On January 31,2001, you bought 100 shares of AVAYA for $17.50 a share. Subsequent prices of AVAYA were Jan 1,2002 $8.60 Jan 1,2003 $2.50 Jan

On January 31,2001, you bought 100 shares of AVAYA for $17.50 a share. Subsequent prices of AVAYA were

Jan 1,2002 $8.60
Jan 1,2003
$2.50
Jan 1,2004
$17.50

You owned the stock for three years (2001 to January 2004). What were your (1) holding period return, (2) average percentage return and (3) true return on this investment?

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