Over a four-year period, an investment in Outasynch common stock yields returns of 10, 40, 0, and

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Over a four-year period, an investment in Outa’synch common stock yields returns of −10, 40, 0, and 20. What is the arithmetic return over this period?

a. 5 percent

b. 7.5 percent

c. 10 percent

d. 12.5 percent.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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