Question
The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, 1 percent, 3 percent, and 12
The rates of return on Cherry Jalopies, Incorporated, stock over the last five years were 19 percent, 11 percent, 1 percent, 3 percent, and 12 percent.
What is the geometric return for Cherry Jalopies, Incorporated?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
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Financial Management For Nonprofit Human Service Organizations
Authors: Raymond Sanchez Mayers
2nd Edition
0398075131, 9780398075132
