Question

what is meant by first return and annual return​

Answer 1

Answer:

Also known as an annualized return, the annual return expresses the stock's increase in value over a designated period of time. ... Once the prices are determined, the simple return percentage is calculated first, with that figure ultimately being annualized.

Answer 2

Answer:

first return

First return refers to a tax return for the first year of tax, including a timely amended return for that year. The phrase "first return" means a return for the first year in which the taxpayer exercises the privilege of fixing its capital stock value for tax purposes

annual return

The annual return is the return that an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital and capital appreciation.

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