Question
a. A stock had returns of 3 percent, 12 percent, 26 percent, 14 percent, and 1 percent for the past five years. What is the
a. A stock had returns of 3 percent, 12 percent, 26 percent, 14 percent, and 1 percent for the past five years. What is the average returns? (2 marks)
b. What are the two lessons from capital market history? (4 marks)
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
