Question
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 23 percent, 11 percent, 5 percent, 7 percent, and 10
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 23 percent, 11 percent, 5 percent, 7 percent, and 10 percent. What is the geometric return for Cherry Jalopies, Inc.?
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 21 percent, 11 percent, 10 percent, 6 percent, and 11 percent. Over the same period, the returns on Straw Construction Companys stock were 16 percent, 14 percent, 3 percent, 4 percent, and 16 percent. What was the arithmetic average return on each stock over this period?
Suppose you bought 600 shares of stock at an initial price of $42 per share. The stock paid a dividend of $.38 per share during the following year, and the share price at the end of the year was $43. Compute your total dollar return on this investment.
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