Question
7. Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009,
7. Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock immediately. Ten annual returns are listed below. 19.9% 16.6% 18.0% 50.0% 43.3% 1.2% 16.5% 45.6% 45.2% 3.0% What is the arithmetic average return over the 10-year period? *What is the geometric average return over the 10-year period? If you invested $100 at the beginning of the period, h ow much would you have at the end?
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