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The prices for IMB over the last 3 years are given below

Finance

The prices for IMB over the last 3 years are given below. Assuming no dividends were paid, what was the 3- year holding period return? Given the following information: Year 1 return = 10%, Year 2 return = 15%, Year 3 return = 12%. Select one: a. 41.7% b. 13.9% c. 15.8% d. 12.3%

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