
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Explain HPRs and Inflation?
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Answer:
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.
Holding period return is calculated by using the following formula,
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