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3 The rates of return on Cherry Jalopies, Inc., stock over the last five years were 19 percent, 11 percent, -1 percent, 3 percent, and

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3 The rates of return on Cherry Jalopies, Inc., stock over the last five years were 19 percent, 11 percent, -1 percent, 3 percent, and 12 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 20 percent, -4 percent, 3 percent, and 20 percent. What was the arithmetic average return on each stock over this period? (Enter your answers as a percent rounded to 1 decimal place.) eBook % Cherry average return Straw average return Print %

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