FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock has had returns of 21 percent, 8 percent, -26 percent over the last three years, respectively. What is the geometric mean return for

image text in transcribed
A stock has had returns of 21 percent, 8 percent, -26 percent over the last three years, respectively. What is the geometric mean return for this stock?(Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43% instead of 0.0843 ) a Your Answer: Answer units

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

Micro Entrepreneurship And Micro Enterprise Development In Malaysia Emerging Research And Opportunities

Micro Entrepreneurship And Micro Enterprise Development In Malaysia Emerging Research And Opportunities

Authors: Abdullah Al Mamun , Mohammad Nurul Huda Mazumder, Noor Raihani Zainol, Rajennd Muniady

1st Edition

1522584730,1522584757

More Books

Students also viewed these Finance questions

Question

★★★★★
Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm is well described by the equation Q = L - L2/800, where Q denotes the number of dresses per week and...

Answered: 1 week ago

Question

★★★★★
Suppose that output is a function of labor and capital. Diagrammatically, what is the marginal rate of technical substitution?

Answered: 1 week ago

Question

★★★★★
7. Discuss the advantages of informal lines of communication in the workplace.

Answered: 1 week ago

Question

★★★★★
A firm has actual sales of $65,000 in April and $60,000 in May. It expects sales of $70,000 in June and $100,000 in July and in August. Assuming that sales are the only source of cash inflows and...

Answered: 1 week ago

Question

★★★★★
A company expects that its annual earnings before interest and taxes will equal $111.000 in perpetuity. The company has an opportunity to take a loan (bank loan or bond issue) at an annual cost of 8...

Answered: 1 week ago

Question

★★★★★
Interpret the following comments made by analysts and portfolio managers. No more than three sentences. The values of some stocks are dependent on bond markets. If there is little to no interest in...

Answered: 1 week ago

Question

★★★★★
1) The company previously purchased equipment in a previous accounting period for a cost of $758,164. When purchased, the equipment had an expected life of 22 years. Describe the effects of this...

Answered: 1 week ago

Question

★★★★★
Please solve ASAP Misclassifications Rox Corporation's multiple-step income statement and retained earnings statement for the year ended December 31, 2019, as developed by its bookkeeper, are shown...

Answered: 1 week ago

Question

★★★★★
Marketing Research MARK4338 Assignment #3 Due Date: September 21, 2022 (in class) 1. Sampling & Estimation Suppose Nielsen is estimating the number of household who have watched the most recent...

Answered: 1 week ago

Question

★★★★★
How to draft a legal memorandum in Susie Speeker V. South Bay County School District case. The memorandum must include the following authorities: Morse v. Frederick, 541 U.S. 393, 127 S.Ct. 2618, 168...

Answered: 1 week ago

Question

★★★★★
Question: Lydia wants to transfer units of her Sussex Growth Fund to her registered retirement savings plan (RRSP) as her RRSP contribution. The current market value of the units is $10,600, and the...

Answered: 1 week ago

Previous Question Next Question