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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 | $579.51 |
| 2011 | $613.84 |
| 2010 | $526.49 |
| 2009 | $339.18 |
| 2008 | $562.28 |
| 2007 | $500.00 |
Calculate the average (arithmetic) return.
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
