Answer: 100.73

## Explanation The simple return formula is: $$R_t = \frac{P_t - P_{t-1}}{P_{t-1}}$$ Given: - Simple return for 5th period (R₅) = 1.75% = 0.0175 - Price at time 4 (P₄) = 99 - Price at time 5 (P₅) = p Substituting into the formula: $$0.0175 = \frac{p - 99}{99}$$ Solving for p: $$p - 99 = 0.0175 \times 99$$ $$p - 99 = 1.7325$$ $$p = 1.7325 + 99 = 100.7325$$ Rounding to two decimal places, p ≈ 100.73 Therefore, the correct answer is **C. 100.73**

Author: Tanishq Prabhu