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The below data pertains to the stock prices of two companies, Nike and Puma. Use the information to answer questions 11 to 13 Rate of
The below data pertains to the stock prices of two companies, Nike and Puma. Use the information to answer questions 11 to 13 Rate of Return Nike - (NKE) PUMA - (PUM.D January 1, 2020 February 1, 2020 March 1, 2020 April 1, 2020 May 1, 2020 June 1, 2020 July 1, 2020 August 1, 2020 September 1, 2020 Stock Prices Nike - (NKE) PUMA - (PUM.DE) 101.36 68.35 99.00 72.05 89.60 70.30 79.49 52.24 85.67 55.72 98.40 65.56 98.50 68.26 98.03 65.94 112.00 69.64 3 points 12. NIKE's compound average rate of return using the GEOMEAN function is approximately: * O 1.26 -1.26% 1.26% 12.6% O None of the above
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