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A stock had returns of 19.80% ( 1 year ago), 23.40% ( 2 years ago), X (3 years ago) and -12.60% ( 4 years ago)
A stock had returns of 19.80% ( 1 year ago), 23.40% ( 2 years ago), X (3 years ago) and -12.60% ( 4 years ago) in each of the past 4 years. over the past 4 years, the geometric average annual retun for the stock was 7.32%. what was the arithmetic average annual return for the stock over the past 4 years?
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