Question
You have observed the following returns on Stock A's stocks over the last five years: -6.86%, 31.56%, 10.07%, 36.64%, 15.96% What is the average return
You have observed the following returns on Stock A's stocks over the last five years:
-6.86%, 31.56%, 10.07%, 36.64%, 15.96%
What is the average return on the stock over this five-year period?
Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. If the answer is negative, do enter the negative sign.
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
