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The following table shows historical end-of-year prices for a stock. A B 1 Year Stock price 2 1 38.44 3 2 43.05 4 3 30.14
The following table shows historical end-of-year prices for a stock.
| A | B | |
| 1 | Year | Stock price |
| 2 | 1 | 38.44 |
| 3 | 2 | 43.05 |
| 4 | 3 | 30.14 |
| 5 | 4 | 28.33 |
| 6 | 5 | 29.75 |
| 7 | 6 | 33.91 |
What was the arithmetic average return?
Is the correct answer 0.339
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How To Save It Fix Your Finances
Authors: Bola Sol
1st Edition
1529118816, 978-1529118810
