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For a 5-year period, a stock had annual returns of 6.4%, -11.2%, 0.3%, 19.8%, and 13.4%. What is the arithmetic average return? a. 7.18% b.
For a 5-year period, a stock had annual returns of 6.4%, -11.2%, 0.3%, 19.8%, and 13.4%. What is the arithmetic average return? a. 7.18% b. 5.74% c. 7.09% d. 6.28% e. 5.18%
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