Question
Date R (MIC) 7/1/2021 5.80% 8/1/2021 6.12% 9/1/2021 -3.62% 10/1/2021 1.56% 11/1/2021 -8.73% 12/1/2021 4.30% 1/1/2022 0.54% 2/1/2022 5.83% 3/1/2022 1.14% Based on the table
Date R (MIC) 7/1/2021 5.80% 8/1/2021 6.12% 9/1/2021 -3.62% 10/1/2021 1.56% 11/1/2021 -8.73% 12/1/2021 4.30% 1/1/2022 0.54% 2/1/2022 5.83% 3/1/2022 1.14%
Based on the table above, what is the Total Geometric Return for MIC? A. 112.58% B. 12.94% C. 12.58% D. 1.44% E. 1.13%
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
5th edition
9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169
