Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock produced total returns of 1 5 % , - 1 2 % , - 2 0 % , and 3 6 % over

A stock produced total returns of 15%,-12%,-20%, and 36% over the past four years, respectively. What is the geometric average return?
Select one:
a.1.30%
b.2.44%
c.0.83%
d.1.30%
e.2.04%
image text in transcribed

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

Emotions In Finance Booms Busts And Uncertainty

Authors: Jocelyn Pixley

2nd Edition

1107633370, 978-1107633377

More Books

Students also viewed these Finance questions