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Over the last five years, Dallas Multipass Inc. common stock returned -3.49%, 12.05%, 7.75%, -9.05%, and 5.23%, respectively. What is the geometric average of returns
Over the last five years, Dallas Multipass Inc. common stock returned -3.49%, 12.05%, 7.75%, -9.05%, and 5.23%, respectively. What is the geometric average of returns for the corporation? Submit your final answer as a percentage rounded to two decimal places (Ex. 0.00%).
Master Chegg,
Can you please explain it how you got the answer step by step. If possible using a basic calculator.
Trying to learn it not copy the answer.
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