Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock had returns of 1 3 . 8 percent, 1 3 percent, 4 . 2 percent, - 5 . 7 percent, - 6 .

A stock had returns of 13.8 percent, 13 percent, 4.2 percent, -5.7 percent, -6.9 percent, and 12.7 percent over the past six years. What is the geometric average return for this time period? q,%
Instruction: Enter your response as a percentage with two decimal places.
For example, if your answer is 0.1213=12.13%, please only enter "12.13", please do not enter "0.1213" or "12.13%", the system may not recognize the % sign. You may put negative signs if necessary,
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate And Project Finance Modeling Theory And Practice

Authors: Edward Bodmer

1st Edition

1118854365, 9781118854365

More Books

Students also viewed these Finance questions

Question

=+13.4. 1 Relate the result in Problem 13.3 to Theorem 5.1(ii).

Answered: 1 week ago

Question

3.2 Discuss the strategic importance of technology in HRM.

Answered: 1 week ago