Question $23$

$3\mathrm{.}03$ pts

Over the past four years, the returns to Hetfield Metal Products stock has been: $5$ percent, $12$ percent, $-7$ percent, and $9$ percent. What is the geometric average return $($i$.$e$.,$ compounded annual growth rate$)?$ ENTER YOUR ANSWER AS A PERCENTAGE WITH ONE DECIMAL PLACE AND NO $\%$ SIGN $($e$.$g$.,$ if your answer is $5\mathrm{.}2\%,$ enter $5\mathrm{.}2).$

$(3).$

Question $24$

$3\mathrm{.}03$ pts

You purchased $100$ shares of ExxonMobil $($XOM$)$ stock on the last day of July for $$42\mathrm{.}08$ per share. During the month of August you received a dividend of $$0\mathrm{.}87$ per share. You sold all of your ExxonMobil stock on the last trading day of August for $$39\mathrm{.}94$ per share. Compute your percentage return for the month that you owned the stock.

$7\mathrm{.}54\%$

$7\mathrm{.}15\%$

None of these are correct.

$-3\mathrm{.}02\%$

$-3\mathrm{.}18\%$