The returns for Curlin.com over the last 5 years are given below. Given the following information assuming no dividends were paid,
(A) What is the 5-year holding period return?
(B) What was the 5-year “AVERAGE” holding period return?
(C) What is the arithmetic return? Year 1 return = 11%; Year 2 return = - 5%; Year 3 return = 4%; Year 4 return = - 2% ; Year 5 return =3%.