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A stock had returns of 11 percent, 14 percent, 13 percent, 8 percent, 17 percent, and -1 percent over the last six years. Required: (a)
A stock had returns of 11 percent, 14 percent, 13 percent, 8 percent, 17 percent, and -1 percent over the last six years. |
Required: | |
(a) | What is the arithmetic return for the stock? |
(Click to select) 10.85% 10.43% 10.53% 12.40% 10.33% |
(b) | What is the geometric return for the stock? |
(Click to select) 12.33% 10.57% 10.28% 10.18% 9.98% |
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