Question
Destiny Corporation has experienced returns of 9%, 18%, 27% and -15% returns over the past four years. Given this information, calculate the company's geometric average
Destiny Corporation has experienced returns of 9%, 18%, 27% and -15% returns over the past four years. Given this information,
calculate the company's geometric average returns.
a. 8.55%
b. 6.75%
10.35%
da 12.15%
e. 14.05%
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
