Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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How much it is important to note that unlike the mean HPR for the portfolio?
Expert Solution
Step 1
Introduction:
Holding period returns (HPRs):
Holding period return (HPR) is one of the investment performance indicators that are most relevant and simple. HPR can be defined as the return on asset or a return on portfolio over the entire period during it was held.
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