Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A stock had returns of 1 . 1 percent, 9 . 4 percent, - 8 . 3 percent, 1 . 5 percent, 0 . 4
A stock had returns of percent, percent, percent, percent, percent, and percent over the past six years. What is the geometric average return for this time period?
Instruction: Enter your response as a percentage with two decimal places.
For example, if your answer is please only enter please do not enter or the system may not recognize the sign. You may put negative signs if necessary,
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started