No.PZ2018103102000001 (选择题) expected return不是应该年化么

问题如下：

Jacques is the portfolio manager of AB pension and she recently sold shares of PZ, Inc. from her portfolio. PZ shares were purchased for $13.25 per share. At the time of purchase, research by Jacques suggested that PZ shares were expected to sell for $17.61 per share at the end of a 2-year holding period. No dividends were paid by PZ over the 2-year holding period. Based on the above information, the expected two-year holding period return for PZ at the time of purchase was closest to:

选项：

A.

47.32%

B.

32.91%

C.

37.85%

解释：

B is correct.

考点：Return Concepts

解析：B是正确的。预期两年的持有期收益率=(V0-P0)/P0=($17.61-$13.25)/$ 13.25=32.91%