Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 27, 2024

A stock has monthly returns of -19%, 6%, -1%, and 19%. What is the stocks geometric average return? geometric average (nearest 4 decimals) = NEED

A stock has monthly returns of -19%, 6%, -1%, and 19%. What is the stocks geometric average return? geometric average (nearest 4 decimals) =

NEED IN 4 DECIMAL PLACES

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

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

International Corporate Finance

Authors: Mark R. Eaker, Frank J. Fabozzi, Dwight Grant

1st Edition

0030693063, 9780030693069

More Books

Students also viewed these Finance questions

Question

★★★★★

Consider a budget for good x1 (on the horizontal axis) and x2 (on the vertical axis) when your economic circumstances are characterized by prices p1 and p2 and an exogenous income level I. A: Drawa...

Answered: 1 week ago

Question

★★★★★

4. Continue until all loops have been tested.

Answered: 1 week ago

Question

★★★★★

Prepare realized/unrealized gains and loss account (ledger account) giving effect to the preceding transactions.

Answered: 1 week ago

Question

★★★★★

One mechanic services 5 drilling machines for a steel plate manufacturer. Machines break down on an average of once every 6 working days, and breakdowns tend to follow a Poisson distribution. The...

Answered: 1 week ago

Question

★★★★★

Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $ 3 , 4 0 0 ( that had cost $ 2 , 5 1 3 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4 % fee....

Answered: 1 week ago

Question

★★★★★

Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control costs and has established the following standards for the Maze toy:...

Answered: 1 week ago

Question

★★★★★

If Neon Lights, LLC has gross receipts of $25 million for the taxable year, they will not be considered an SSTB if less than what percentage of their gross receipts are attributable to an SSTB...

Answered: 1 week ago

Question

★★★★★

The CFO of Spotify Inc. has summarized its free cash flows for the next three years in the following table. The cash flows are expected to grow at a constant growth rate 2.00% afterwards. The company...

Answered: 1 week ago

Question

★★★★★

The Department of Investments purchased a parcel of land for $160,000 and proceeded to pay $8,000 for sewage services, $12,000 to survey the land, and $15,000 to pave a driveway. If the property was...

Answered: 1 week ago

Question

★★★★★

Aaron Mechanic, CFA is responsible for valuing the shares of Duotronics Research Laboratories (DRL). The stock is currently trading at $8.75 and he gathers the following financial information about...

Answered: 1 week ago

Question

★★★★★

You have just been served with legal documents that suggest that you were scrubbed in on a procedure in which your patient was burned. You are charged with negligence. For what reasons could you be...

Answered: 1 week ago

Question

★★★★★

In focus on research 11.4, what evidence is there for the convergence of Western and Japanese cultures? Discuss what implications any convergence may have for other HRM practices in Japan.

Answered: 1 week ago

Question

★★★★★

This book covers four human resource management practice areas: managing the human resource environment, acquiring and preparing human resources, assessment and development of human resources, and...

Answered: 1 week ago

Question

★★★★★

Carry out a risk assessment exercise for an activity that you take part in. It might be a local amateur football or netball team, drama event or similar.

Answered: 1 week ago

Previous Question Next Question