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You bought a stock for $20.00 and sold it for $59.72 after six years. What was the annual rate of return based on a simple/arithmetic
You bought a stock for $20.00 and sold it for $59.72 after six years. What was the annual rate of return based on a simple/arithmetic average and based on a geometric average? MAKE SURE YOU USE AT LEAST A DECIMAL PLACES. YOU MUST SHOW ALL WORK TO RECEIVE CREDIT. Given the following information concerning three stocks, construct a price weighted average, a value-weighted average, and a geometric average. SHOW 2 DECIMAL PLACES. YOU MUST SHOW ALL WORK TO RECEIVE CREDIT. Stock B Price $68.00 $48.00 $19.00 Shares Outstanding 3,000,000 6,000,000 11,000,000
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