Question
Performance of Buffet's investments. One of the stocks owned by BRK is Coca-Cola (KO) (Apparently Buffett drank five cans of Chery Coke each day!), which
Performance of Buffet's investments. One of the stocks owned by BRK is Coca-Cola (KO) (Apparently Buffett drank five cans of Chery Coke each day!), which Buffett purchased on January 1, 1988 for $2.45 per share. On January 1, 2018, the shares were worth $42.70 (including dividends). What is the simple (Arithmetic, AA) and compound (Geometric, GA) average annual returns for this investment?
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When analyzing the performance of an investment over a period two common methods are used to calculate average annual returns Simple Arithmetic Average Annual Return AA Compound Geometric Average Annu...
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
