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Answer: 100.73
The simple return formula is: $$R_t = \frac{P_t - P_{t-1}}{P_{t-1}}$$ Given that the simple return for the 5th period is 1.75% (0.0175), and the price at time 4 is 99, we can set up the equation: $$0.0175 = \frac{P - 99}{99}$$ Solving for P: $$P - 99 = 0.0175 \times 99$$ $$P - 99 = 1.7325$$ $$P = 1.7325 + 99 = 100.7325$$ Therefore, the value of P is approximately 100.73, which corresponds to option C.
Author: Nikitesh Somanthe
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