Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What was the geometric average return for a stock that had the following annual returns over the past 4 years: 14.00% (4 years ago), 16.00%

What was the geometric average return for a stock that had the following annual returns over the past 4 years: 14.00% (4 years ago), 16.00% (3 years ago), -25.00% (2 years ago), and 38.00% (last year)?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forex And Commodity Futures Technical Analysis January To February 2021

Authors: Ascencore Site

1st Edition

979-8584910471

More Books

Students also viewed these Finance questions

Question

what are the provisions in the absence of Partnership Deed?

Answered: 1 week ago

Question

1. What is called precipitation?

Answered: 1 week ago

Question

1.what is dew ?

Answered: 1 week ago