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