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The returns on Eggnog Corp.'s stock for the last three years were 9%, -12%, and -10%. Calculate Eggnog's 3-year holding period return for this period.
"The returns on Eggnog Corp.'s stock for the last three years were 9%, -12%, and -10%. Calculate Eggnog's 3-year holding period return for this period."
| -12.9% | ||
| -14.9% | ||
| -13.7% | ||
| -12.6% | ||
| -11.8% |
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
