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An investor buys a stock for $5.63 on January 1st 1910. The stock is selling for 5.81 at the beginning of 1911, 5.21 at begging
An investor buys a stock for $5.63 on January 1st 1910. The stock is selling for 5.81 at the beginning of 1911, 5.21 at begging of 1912, 8.87 at the beginning of 1913 and 9.13 at the beginning of 2014. What is the arithetic average annual return on the stock to 3 decimal places?
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