Select the correct statement(s).

I. The holding period return cannot be negative.
II. The holding period return of a stock equals dividend yield plus price appreciation return.
III. The holding period return is the return earned from investing in an asset over a year.
IV. If the market price equals intrinsic value, then the IRR is the required return calculated.

Correct Answer: II and IV

I. If the capital loss is more than the investment income then it can be negative.
III. It can be any specific time period.