问题如下：
1. Based upon Exhibit 1, the expected three-year holding period return for Novo-Gemini Inc. at the time of purchase was closest to:
选项：
A.39.76%.
B.42.76%.
C.44.82%.
解释：
A is correct.
This is the expected 3-year holding period return, calculated as:
3-year expected return $$=(V_0-P_0)/P_0=(\$29.00-\$20.75)/\$20.75=39.76\%$$
老师好，这题答案公式显示有问题，请修正，谢谢
