A stock has had returns of 17.92 percent, 12.44 percent, 6.56 percent, 28.30 percent, and −14.09 percent over the past five years, respectively. What was the holding period return for the stock?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.FOM: Focus On Modeling: Linear Programming
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Problem 10-12 Holding Period Return

A stock has had returns of 17.92 percent, 12.44 percent, 6.56 percent, 28.30 percent, and −14.09 percent over the past five years, respectively. What was the holding period return for the stock?
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