Question
A stock has had returns of 14 percent, 18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively.
A stock has had returns of 14 percent, 18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively. What is the geometric return for this stock?
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8.88 percent
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9.32 percent
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9.47 percent
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10.31 percent
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10.82 percent
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
