Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed

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% O b. 2.04% O c. 1.30% d, 0.27% e. 2.44%

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

3 Column Record 100 Page Account Book

Authors: IJ Publishing LLC

Ntb Edition

1537091360, 978-1537091365

More Books

Students also viewed these Accounting questions

Question

What is the measure of reliability of a confidence interval?

Answered: 1 week ago

Question

8. Describe the main retirement benefits.

Answered: 1 week ago