Question
What is the geometric average return of a stock that returned 13%, -32%, 24%, -6% and 39% over the last 5 years? Enter your answer
What is the geometric average return of a stock that returned 13%, -32%, 24%, -6% and 39% over the last 5 years? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
