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Consider the following distribution of returns of a stock: Year Return (r) 1 -0.14 2 0.13 3 0.27 What is the arithmetic mean return of
Consider the following distribution of returns of a stock:
| Year | Return (r) |
|---|---|
| 1 | -0.14 |
| 2 | 0.13 |
| 3 | 0.27 |
What is the arithmetic mean return of the stock over 3 years? (Possible answer could be written as 0.01 or 0.35 with 2 decimals only.)
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