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During the past five years, you owned two stocks that had the following annual rates of return: Year Stock T Stock B 1 0.18
During the past five years, you owned two stocks that had the following annual rates of return:\ \ Year Stock T Stock B\ 1 0.18 0.07 \ 2 0.10 0.04 \ 3 -0.06 -0.12 \ 4 -0.03 0.01 \ 5 0.16 0.06 \ Compute the arithmetic mean annual rate of return for each stock. Round your answers to one decimal place.\ Stock T: \ %\ \ Stock B: \ %\ \ Which stock is most desirable by this measure?\ \ -Select-\ is more desirable because the arithmetic mean annual rate of return is \ -Select-\ .
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