FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 21 (0.8 points) In the last three years a stock had returns of 33.50%,14.00%, and 6.00%. What was the arithmetic average annual return of

image text in transcribed
Question 21 (0.8 points) In the last three years a stock had returns of 33.50%,14.00%, and 6.00%. What was the arithmetic average annual return of the stock? (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 1.53% instead of .0153.) Your Answer: Answer units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Technical Analysis Of Stock Trends

Technical Analysis Of Stock Trends

Authors: Robert D. Edwards, John Magee

6th Edition

1599180219, 978-0139043437

More Books

Students also viewed these Finance questions

Question

★★★★★
When considering data quality, what are the differences among validity, reliability, and representativeness? How do you know data have high levels of these characteristics?

Answered: 1 week ago

Question

★★★★★
Get into small groups and discuss whether the following people were successful, effective, incompetent, or destructive leaders. Provide the rationale and facts to support your positions. Daniel...

Answered: 1 week ago

Question

★★★★★
=+a) Find a linear model for this series.

Answered: 1 week ago

Question

★★★★★
Following are the four assertions about account balances that can be applied to the audit of a companys PP& E, including assets the company has constructed itself: existence, rights and obligations,...

Answered: 1 week ago

Question

★★★★★
The ________ is not found in the cash flow from financing activities section of a statement of cash flows that follows U.S. GAAP. repurchase of common stock issuance of common stock payment of...

Answered: 1 week ago

Question

★★★★★
It is well known that the time to the appearance of the first true leaves for basil plants is 21 to 35 days, or on average, about 28 days. 9 randomly chosen students monitored and recorded the number...

Answered: 1 week ago

Question

★★★★★
1: Conflicts can arise between shareholders and bondholders. Outline and evaluate the causes of conflict that might arise and suggest possible solutions. Question 2: Some analysts believe that...

Answered: 1 week ago

Question

★★★★★
Ms. Marcy Van Horne's salary for 2021 is $126,000. Other Information: 1. Ms. Van Horne received a performance bonus of $25,000, one-half of which was paid in 2021, with the remaining one-half not due...

Answered: 1 week ago

Question

★★★★★
1.1 Cascade Peaks Construction: Bathroom Given the information in the scenario: i. Identify the non-conforming construction method ii. Briefly explain why the drawings do not conform to NCC's...

Answered: 1 week ago

Question

★★★★★
A rocket is launched from the ground and travels in a straight path. The angle of inclination of the rocket's path is 1.35 radians. (That is, the rocket's path and the ground form an angle measuring...

Answered: 1 week ago

Question

★★★★★
Suppose we have a uniform beam that is 60 centimetres long, and is simply supported at both ends. If the beam has a load of f(x) = 11 N/m applied to it, and has a flexural rigidity of 10,000 Nm,...

Answered: 1 week ago

Question

★★★★★
Describe organized labors strategies for a stronger movement.

Answered: 1 week ago

Question

★★★★★
Explain the nature and role of safety, health, and wellness.

Answered: 1 week ago

Question

★★★★★
Identify the steps that lead to forming a bargaining unit.

Answered: 1 week ago

Previous Question Next Question