Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock had returns of -26 percent, 10 percent, 8 percent, 12 percent, -19 percent, and -5 percent over the past six years. What is

image text in transcribed

A stock had returns of -26 percent, 10 percent, 8 percent, 12 percent, -19 percent, and -5 percent over the past six years. What is the geometric average return for this time period? A. 4.18 percent B.-2.39 percent C.5.11 percent D.-4.52 percent

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

The Basics Of Public Budgeting And Financial Management

Authors: Charles E. Menifield

4th Edition

0761872116, 978-0761872115

More Books

Students also viewed these Finance questions

Question

9. Explain the relationship between identity and communication.

Answered: 1 week ago

Question

a. How do you think these stereotypes developed?

Answered: 1 week ago

Question

a. How many different groups were represented?

Answered: 1 week ago