Compute the holding-period returns for renee and lester


Problem 1: Compute the holding-period returns for Renee and Lester for periods 2 through 4.

Period    Renee    Lester
1    $9    $27
2    11    28
3    10    32
4    13    29

Problem 2: How would you interpret the meaning of the holding-period return?

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Finance Basics: Compute the holding-period returns for renee and lester
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