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 | $579.83 |
| 2011 | $604.27 |
| 2010 | $528.61 |
| 2009 | $344.00 |
| 2008 | $561.54 |
| 2007 | $514.74 |
Calculate the geometric return.
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))
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Financial Management For Nurse Managers
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
