the holding period return for the 5 years is ?

A)42.35%

B) 34.79%

C) 40.78%

D) 45.78%

Ulli Lohrmann and his wife, Suzanne Lohrmann, are planning for retirement and want to compare the past performance of a few mutual funds they are con- sidering for investment. They believe that a comparison over a five-year period would be appropriate. They are given the following information about the Rhein Valley Superior Fund that they are considering. Year Net Return (%) 1 15 2 Assets Under Management at the Beginning of Year (6) 30 million 45 million 20 million 25 million 35 million -5 3 10 4 15 5 3