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Meridian Manufacturing, Inc.'s stock has had the following annual returns over the past 5 years: +14.2%;9.8%.+32.6%,19.8%, and +27.9%. Using the proper method for calculating investment
Meridian Manufacturing, Inc.'s stock has had the following annual returns over the past 5 years: +14.2%;9.8%.+32.6%,19.8%, and +27.9%. Using the proper method for calculating investment returns, what is the 5-year return on Meridian Manufacturing's stock? ROUND YOUR ANSWER TO ONE DECIMAL PLACE, AND DO NOT ENTER THE PERCENT SIGN (i.e. 10.5\% should be entered as 10.5) Numeric Response
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