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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 $570.82
2011 $600.80
2010 $531.93
2009 $337.85
2008 $560.22
2007 $511.91

Calculate the average (arithmetic) return.

Calculate the holding period return

Calculate the geometric return

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