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a. Enter the annual rate of return for each year for Harris in the table below. (Round to two decimal places.) Time 1 2
a. Enter the annual rate of return for each year for Harris in the table below. (Round to two decimal places.) Time 1 2 3 4 Value of Harris Stock $11 6 12 16 Annual Rate of Return Value of Pinwheel Stock Annual Rate of Return $17 45.45 % 35 28 27 100% 33.33% Enter the annual rate of return for each year for Pinwheel in the table below. (Round to two decimal places.) Time 1 Value of Harris Stock Annual Rate of Return Value of Pinwheel Stock Annual Rate of Return $17 35 28 27 105.88 % - 20.00 % -3.57 % 2 3 4 $11 6 12 16 -45.45% 100.00% 33.33% b. The arithmetic average rate of return earned by investing in Harris stock over this period is 29.29 %. (Round to two decimal places.) The arithmetic average rate of return earned by investing in Pinwheel stock over this period is 27.44%. (Round to two decimal places.) The geometric average rate of return earned by investing in Harris stock over this period is 13.31 % (Round to two decimal places.)
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