Question 1. The holding rate of return is defined as the total return over the period which the investment is held a) What is the holding rate of return for a 20 year investment that earns 5% a year each year? What is the future value in 20 years of an investment of 200 today? b) At a constant rate of return of 3%, what is the minimum holding period before your money has doubled? What now is its present value