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Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, 15 percent, 22 percent, 20 percent, and 16 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, 15 percent, 22 percent, 20 percent, and 16 percent. The average inflation rate over this period was 4 percent and the average T-bill rate was 5.55 percent. What was the average real return on the company's stock?
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