Question
The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years. -7%; -3%; 1.5%; 2.2%; 3%; 4.8%; 5%; 5.1%; 6%;
The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years.
-7%; -3%; 1.5%; 2.2%; 3%; 4.8%; 5%; 5.1%; 6%; 6.7%
a) What is the 71st quartile of LGI’s return?
b) What is the geometric mean of the returns?
c) What is the mean return?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
