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Subject 2. Holding Period Return When analyzing rates of return, our starting point is the total return, or holding period return (HPR). HPR measures the total return for holding an investment over a certain period of time, and can be calculated using the following formula:
P t = price per share at the end of time period t P (t-1) = price per share at the end of time period t-1, the time period immediately
last interval [days]
repetition number in this series
scheduled repetition interval
last repetition or drill
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