Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have observed the following returns on ABC's stocks over the last five years: -10.78%, 14.99%, -14.24%, 27.01%, What is the geometric average returns on

You have observed the following returns on ABC's stocks over the last five years:

-10.78%, 14.99%, -14.24%, 27.01%,

What is the geometric average returns on the stock over this five-year period.

(The question only gives 4 years of data)

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.

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

Financial Management Of Health Care Organizations

Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas

5th Edition

1119553849, 9781119553847

More Books

Students also viewed these Finance questions

Question

6. Explain what causes unsafe acts.

Answered: 1 week ago