Question
Alec Conway remained invested in the stock of the Coca-Cola Company (KO) for the five years from Jan 1, 2017 to Jan 1, 2022. During
Alec Conway remained invested in the stock of the Coca-Cola Company (KO) for the five years from Jan 1, 2017 to Jan 1, 2022. During these five years, the annual returns from this investment was 18.04%, 4.41%, 24.66%, -14.74%, and 30.2%, respectively. What was the geometric average return from this investment?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
11th Edition
1264413041, 9781264413041
