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You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. Year Beginning of
| You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. |
| Year | Beginning of Year Price | # of Shares Bought or Sold |
| 2008 | $115 | 280bought |
| 2009 | $120 | 230bought |
| 2010 | $116 | 255sold |
| 2011 | $119 | 255sold |
| What is the geometric average return for the period? |
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The Art Of The Steal How To Protect Yourself And Your Business From Fraud
Authors: Frank W. Abagnale
1st Edition
0767906845, 978-0767906845
