Question
A stock had annual returns of 7 percent, 28 percent, 13 percent, and 23 percent for the past four years. The arithmetic average of these
A stock had annual returns of 7 percent, 28 percent, 13 percent, and 23 percent for the past four years. The arithmetic average of these returns is _____ percent while the geometric average return for the period is _____ percent.
3.75; 4.27
3.75; 1.72
17.75; 4.27
3.75; 17.46
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
9781292016924
