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Consider the following distribution of returns of a stock: Year Return (r) 1 10% 2 -15% 3 25% What is the arithmetic mean return of
Consider the following distribution of returns of a stock:
Year | Return (r) |
---|---|
1 | 10% |
2 | -15% |
3 | 25% |
What is the arithmetic mean return of the stock over 3 years?
Select one:
a. 1.067%
b. 5.3%
c. 1.053%
d. 6.7%
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