Question
A stock produced annual rates of return of 12.6 percent, 15.4 percent, 18 percent, and 17.2 percent over the past 4 years, respectively. What is
A stock produced annual rates of return of 12.6 percent, 15.4 percent, 18 percent, and 17.2 percent over the past 4 years, respectively. What is the geometric average return for this period?
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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