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The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, -1 percent, 3 percent, and 14
The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, -1 percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Company's stock were 16 percent, 11 percent, -2 percent, 2 percent, and 13 percent. What was the arithmetic average return on each stock over this period? Note: Enter your answers as a percent rounded to 1 decimal place
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