How to get the holding period return for a 980 selling

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Reference no: EM13381861

How to get the holding period return for a $980 selling security that purchased fiver years before at $798?Prove that this return overstates the annualized, compound return.

Based on the following information calculate the holding period return:

P₀= $11.00
P₁= $11.40
D₁= $1.02

Reference no: EM13381861

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