Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 02, 2024

In the last three years a stock had returns of 14.00%, -18.50%, and 3.00%. What was the arithmetic average annual return of the stock? (Enter

In the last three years a stock had returns of 14.00%, -18.50%, and 3.00%. What was the arithmetic average annual return of the stock? (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 1.53% instead of .0153.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Single Stock Futures

Authors: Patrick Lafferty

1st Edition

007159003X, 978-0071590037

More Books

Students also viewed these Finance questions

Question

★★★★★

Starbucks Corporation reported the following geographical segment revenues for a recent and a prior fiscal year: .........Recent Year (in millions, rounded)............ Prior Year (in millions,...

Answered: 1 week ago

Question

★★★★★

1. Identify and describe characteristics of touristhost encounters.

Answered: 1 week ago

Question

★★★★★

Creating a discussion question, evaluating prospective solutions, and brainstorming and evaluating possible solutions are steps in a. group conflict. b. group diversity. c. group decision making. d....

Answered: 1 week ago

Question

★★★★★

Watters Umbrella Corp, issured 15-year bonds two years ago at a coupon rate of 7.8 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Cost Retail Inventory, 12/31/12 $256,900 $412,000 Purchases 988,444 1,466,000 Purchase returns 62,640 83,600 Purchase discounts 19,550 Gross sales 1,410,600 Sales returns 97,400 Markups 131,600...

Answered: 1 week ago

Question

★★★★★

A polished round shaft (6 mm dia.) is rotating and under a bending load. There is no torsion on this section of the shaft. It is initially under a fully reversed bending stress of 500 MPa. After...

Answered: 1 week ago

Question

★★★★★

4) In the past few years, the New Brandeis movement has prominence in US legal, economic and political thought. a) Briefly describe the emergence of the Chicago school with a particular focus on the...

Answered: 1 week ago

Question

★★★★★

In a demonstration a student drops a neutral polystyrene sphere toward the top of the dome of a negatively charged Vann de Graaff generator. The polystyrene sphere is coated with an electrically...

Answered: 1 week ago

Question

★★★★★

Construct a Decision Tree for a Process Specification Tom is reviewing the process for his firm's expense reimbursement policies with the new salesperson, Mary. "Our reimbursement policies depend on...

Answered: 1 week ago

Question

★★★★★

27.1 A company starts in business on 1 January 20X5. You are to write up the vans account and the provision for depreciation account for the year ended 31 December 20X5 from the information given...

Answered: 1 week ago

Previous Question Next Question