为什么HPR不选择

问题如下：

The return measure that is most suitable for comparing asset returns earned over different time periods is:

选项：

A.

Holding period return.

B.

Annualized return.

C.

Net portfolio return.

解释：

The annualized return is a standardized measure that allows for the comparison of returns earned over different time periods by expressing them on an annual basis. It takes into account the compounding effect and is commonly used for evaluating and comparing the performance of investments over varying lengths of time. Holding period return (A) is specifically suited for comparing returns over specific time periods, and net portfolio return (C) considers various factors beyond just returns.