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Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 11 percent, 11 percent, 18 percent, 23 percent, and
Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 11 percent, 11 percent, 18 percent, 23 percent, and 10 percent. a. What was the arithmetic average return on Mary Anns stock over this five-year period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)
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