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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 2016 $95 240 bought 2017 $100 190 bought 2018 $96 215 sold 2019 $99 215 sold What is the geometric average return for the period? Multiple Choice 1.38% 2.08% 1.04% 2.77%
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