Question
The returns on the stock of mike. Corp . over the last 4 years are as follows: 2016: +10%, 2017: -8%, 2018: +12%, and 2019:
The returns on the stock of mike. Corp. over the last 4 years are as follows: 2016: +10%, 2017: -8%, 2018: +12%, and 2019: -5%. What was the realized annual return?
Select one:
a. +1.87%
b. +2.25%
c. +4.29%
d. None of THESE
e. -1.57%
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
