In a multi-period return calculation, each sub-period return is based …

Question

In a multi-period return calculation, each sub-period return is based on which value?

Accepted Answer

C. Start value of period

Each sub-period starts where the previous one ended, and its return is measured against the value at its start.

Answer

Average value of period

Answer

Original cost of asset

Answer

End value of period

In a multi-period return calculation, each sub-period return is based on which value?