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Suppose you purchased a stock today (i.e., t=0) for $100.00. Assume that the stock went up to $135.14 after one year (i.e., t=1) and fell
Suppose you purchased a stock today (i.e., t=0) for $100.00. |
Assume that the stock went up to $135.14 after one year (i.e., t=1) and fell to $75.00 after two years (i.e., t=2). |
How much is the geometric mean return of this stock per year? |
Enter your answer in the following format: + or - 0.1234 |
Hint: Answer is between -0.1179 and -0.1460 |
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