Holding period returns, The returns for IMB over the last 3

Holding period returns

Reference no: EM1340406

The returns for IMB over the last 3 years are given below. Assuming no dividends were paid, what was the 3-year holding period return? Given the following information: Year 1 return = 10%, Year 2 return = 15%, Year 3 return = 12%.

Reference no: EM1340406

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