Question
You have retrieved the rate on the following five stocks over the past month: Stock 1 2 3 4 5 Return, r i -8% 7%
You have retrieved the rate on the following five stocks over the past month:
| Stock | 1 | 2 | 3 | 4 | 5 |
| Return, ri | -8% | 7% | 21% | 10% | 11% |
What is the average return, , of the five stocks for the past month (provide your answer in percentage with two decimal places)?
Answer:
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Finance Basics 20 Minute Manager
Authors: Harvard Business Review
1st Edition
1625270852, 978-1625270856
