Question
A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and 6 percent for the past five years. The arithmetic
A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and 6 percent for the past five years. The arithmetic average of these returns is geometric average return for the period is _____ percent. percent while the 5.80; 4.86 O 5.80; 5.03 5.62; 5.03 O 5.40; 5.03 O 5.40; 4.86
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
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