Question
A stock has had returns of 23 percent, 10 percent, -11 percent over the last three years, respectively. What is the geometric mean return
A stock has had returns of 23 percent, 10 percent, -11 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) Your Answer: Answer units
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
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