Question
An investor buys shares in MSF Ltd at the end of 2011 for $25.00 and sells it for $30.00 at the end of 2015. MSF
An investor buys shares in MSF Ltd at the end of 2011 for $25.00 and sells it for $30.00 at the end of 2015. MSF Ltd did not pay any dividends over this period. The mean geometric rate of return (per annum) on this investment is closest to:
a) 4.7%. b) 5.0%. c) 6.3%. d) 20.0%.
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Options Futures And Other Derivatives
Authors: John C. Hull
11th Edition
013693997X, 9780136939979
