Question
A stock has had returns of -16.43 percent, 15.81 percent, 26.34 percent, 5.98 percent and 18.43 percent over the past five years, respectively. a. What
- A stock has had returns of -16.43 percent, 15.81 percent, 26.34 percent, 5.98 percent and 18.43 percent over the past five years, respectively.
a. What is the holding period return for the stock?
b. What is the arithmetic and geometric average returns for the stock over this five-year period?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
12th edition
1259918947, 1260091908, 978-1259918940
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