Question
Corona Company's stocks had 12 percent, -5 percent, and 27 percent rates of return, respectively, during the last three years; calculate the (arithmetic) average rate
Corona Company's stocks had 12 percent, -5 percent, and 27 percent rates of return, respectively, during the last three years; calculate the (arithmetic) average rate of return for the stock.
Group of answer choices
10 percent per year
8 percent per year
11 percent per year
9 percent per year
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
