Question
You have observed the following returns on Stock A's stocks over the last five years: 16.22%, -8.01%, -3.56%, 29.6%, 9.62% What is the average return
You have observed the following returns on Stock A's stocks over the last five years:
16.22%, -8.01%, -3.56%, 29.6%, 9.62%
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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Analysis For Financial Management
Authors: Robert Higgins
7th Edition
0072863641, 9780072863642
