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Given the following historical prices on Apple Inc. stocks, calculate the arithmetic average return. Period Stock Price 1 $604 2 $667 3 $665 4 $608

Given the following historical prices on Apple Inc. stocks, calculate the arithmetic average return.

Period Stock Price
1 $604
2 $667
3 $665
4 $608
5 $581
6 $575

Multiple Choice

  • -4.80%

  • -7.83%

  • 7.83%

  • -0.78%

  • 0.78%

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