Question
A stock produced annual returns of 42, -21, -12, 42, and 9 percent over the past five years, respectively. What is the geometric average return?
A stock produced annual returns of 42, -21, -12, 42, and 9 percent over the past five years, respectively. What is the geometric average return? Provide the answer as a %, accurate to at least 2 decimal places.?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
