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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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Financial Management Of Financial Institutions
Authors: George H Hempel
1st Edition
0133159604, 9780133159608
