An analyst gathers the following information about a security index:
Period Return (%)
1 12
2 -8
3 2
If the index's value is 100 at the beginning of Period 1, the index's value at the end of Period 3 is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information about a security index:
Period Return (%)
1 12
2 -8
3 2
If the index's value is 100 at the beginning of Period 1, the index's value at the end of Period 3 is closest to: