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The rate of return on Cherry Jalopies, Inc., stock over the last five years was 18 percent, 11 percent,9 percent, 7 percent, and 10 percent.
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 18 percent, 11 percent,9 percent, 7 percent, and 10 percent. Over the same period, the return on Straw Construction Companys stock was 16 percent, 15 percent, 8 percent, 3 percent, and 15 percent. What was the arithmetic average return on each stock over this period? (Enter your answers as a percent rounded to 1 decimal place. Omit the "$" sign in your response.) Cherry average return % Straw average return
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