Question
The common stock of XYZ had the following historic prices and rates of returns. What was the GEOMETRIC MEAN rate of return of XYZ for
The common stock of XYZ had the following historic prices and rates of returns. What was the GEOMETRIC MEAN rate of return of XYZ for this period?
| Time | Price of XYZ | Rate of return |
| 3/01/1999 | 50 |
|
| 3/01/2000 | 47 | -0.0600 |
| 3/01/2001 | 76 | 0.6170 |
| 3/01/2002 | 80 | 0.0526 |
| 3/01/2003 | 85 | 0.0625 |
| 3/01/2004 | 90 | 0.0588 |
Group of answer choices
1.8
0.1462
0.25
0.1247
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Technology And Finance Challenges For Financial Markets Business Strategies And Policy Makers
Authors: Morten Balling, Frank Lierman, Andy Mullineux
1st Edition
041529827X, 978-0415298278
