Question
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 22 percent, 11 percent, 4 percent, 6 percent, and 9
| The rate of return on Cherry Jalopies, Inc., stock over the last five years was 22 percent, 11 percent, 4 percent, 6 percent, and 9 percent. |
| What is the geometric return for Cherry Jalopies, Inc.? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
