Question
Recent LCBC Company annual stock returns are shown below. Year Return (simple annual) 2012 is 4%, 2013 is 9% , 2014 is12%, 2015 is 20%
Recent LCBC Company annual stock returns are shown below. Year Return (simple annual) 2012 is 4%, 2013 is 9% , 2014 is12%, 2015 is 20% 2016 is 6%
a. Calculate the arithmetic average annual return for LCBC over this period.
b. Calculate the geometric average annual return for LCBC over this period.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Carbon Markets Or Climate Finance?
Authors: Axel Michaelowa
1st Edition
0415743435, 978-0415743433
