Question
Question#02 (8 Marks) Stocks A and B have the following historical returns: Year Value at the Start of Month Value at the close of Month
Question#02 (8 Marks)
Stocks A and B have the following historical returns:
| Year | Value at the Start of Month | Value at the close of Month |
| January | 200 | 220 |
| February | 220 | 260 |
| March | 260 | 240 |
| April | 240 | 210 |
| May | 210 | 190 |
| June | 190 | 180 |
| July | 180 | 210 |
| August | 210 | 230 |
| September | 230 | 240 |
| October | 240 | 275 |
| November | 275 | 300 |
| December | 300 | 295 |
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Calculate the average rate of return of the stock during the period January till December.
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
