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A stock had returns of 19 percent, 13 percent, 15 percent, -4 percent, 12 percent, and 2 percent over the last six years. Required: (a)
A stock had returns of 19 percent, 13 percent, 15 percent, -4 percent, 12 percent, and 2 percent over the last six years. |
Required: | |
(a) | What is the arithmetic return for the stock? |
(Click to select)9.70%9.50%9.60%11.40%9.97% |
(b) | What is the geometric return for the stock? |
(Click to select)9.30%9.74%9.00%11.14%9.20% |
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