Question
Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period.
Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period.
| YEAR | PRICE |
|---|---|
| 2012 | $574.84 |
| 2011 | $609.09 |
| 2010 | $530.49 |
| 2009 | $341.03 |
| 2008 | $566.80 |
| 2007 | $514.10 |
Calculate the average (arithmetic) return.
Submit
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Personal Finance
Authors: Richard Stanton
2nd Edition
1519662106, 978-1519662101
