Question
You have observed the following returns on ABC's stocks over the last four years: -2.43%, 17.87%, -14.75%, 6.46%, What is the geometric average returns on
You have observed the following returns on ABC's stocks over the last four years:
-2.43%, 17.87%, -14.75%, 6.46%,
What is the geometric average returns on the stock over this four-year period.
Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
