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Consider the following information for a single stock: Year Beginning Price Ending Price 1 $10 $19 2 $19 $28 3 $ 28 $48 4 $
Consider the following information for a single stock: Year Beginning Price Ending Price 1 $10 $19 2 $19 $28 3 $ 28 $48 4 $ 48 $65 What is the geometric mean (GM) of the returns for the four years?
62% | ||
55.64% | ||
61.02% | ||
59.64% |
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