Simplicity of the Holding Period Return
Charles J. Higgins, PhD

Abstract
When asked, students of investments and finance often conjecture that the holding period return to a bond is perhaps its interest rate and to a common stock is often its growth rate or the rate of return achieved by the firm. Instead, the holding period return invariably is the yield to maturity applied to the bond and the discount rate applied to the common stock.

Full Text: PDF     DOI: 10.15640/jfbm.v6n2a5