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The following table shows the closing prices and daily returns of Toronto Skates Inc. over a week: Day Closing Price Returns Monday 35.20 1.15% Tuesday
The following table shows the closing prices and daily returns of Toronto Skates Inc. over a week:
Day | Closing Price | Returns | ||
Monday | 35.20 | 1.15% | ||
Tuesday | 34.90 | -0.85% | ||
Wednesday | 37.00 | 6.02% | ||
Thursday | 35.00 | -5.41% | ||
Friday | 35.10 | 0.29% |
Calculate the weekly geometric mean (GM) and the arithmetic mean (AM) returns of Toronto Skates Inc. (your answer should be four decimals, margin of error is +/- 0.0050%)
GM=-0.2841% and AM=0.1728%
GM=0.1728% and AM=-0.2841%
GM=0.2400% and AM=0.1728%
GM=0.1728% and AM=0.2400%
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