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Please keep 2 decimal points for your answers, except for rates. For rates, please keep 4 decimal points (e.g., 0.1234). The returns on Fun Tennis'
Please keep 2 decimal points for your answers, except for rates. For rates, please keep 4 decimal points (e.g., 0.1234).
The returns on Fun Tennis' stock for the last 6 years have been: 24%, 8%, -16%, -24%, 14%, and 7% per year. If you purchased the stock 6 years ago for $40.00, what is geometric average return? Please keep 4 decimal points (e.g., 0.1234)
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