Question
For the next 7 years, you expect to observe the following annual rates of returns on XYZ corporation's stock: -4.33 % , -0.59 % ,
For the next 7 years, you expect to observe the following annual rates of returns on XYZ corporation's stock: -4.33 % , -0.59 % , -1.92 % , 4.56 % , 0.09 % , 10.45 % , and 10.6` %. What is the geometric average returns for the stock?
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Financial Management Principles And Practice
Authors: Timothy Gallagher
6th Edition
1930789157, 978-1930789159
