Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. A stock has had returns of 44.00 percent, 28.00 percent, 39.00 percent, 16.00 percent, 26.00 percent, and 58.00 percent over the last six years.

3.

A stock has had returns of 44.00 percent, 28.00 percent, 39.00 percent, 16.00 percent, 26.00 percent, and 58.00 percent over the last six years. What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

Arithmetic average return %
Geometric average return %

4.

A stock has had returns of 17.62 percent, 12.38 percent, 6.42 percent, 27.94 percent, and 13.94 percent over the past five years, respectively.

What was the holding-period return for the stock? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Holding-period return %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions