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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
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? (Enter your answers as a percent rounded to 1 decimal place.)
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 Company's 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? (Enter your answers as a percent rounded to 1 decimal place.) % Cherry average return Straw average return %
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