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A stock has had returns of 18.8 percent, 29.29 percent, 21.6 percent, 9.9 percent, 34.6 percent, and 26.8 percent over the last six years. Required:
A stock has had returns of 18.8 percent, 29.29 percent, 21.6 percent, 9.9 percent, 34.6 percent, and 26.8 percent over the last six years. Required: What is the geometric return for the stock? (Do not include the percent signs (%). Round your answers to 2 decimal places (e.g., 32.16).) |
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