Question: Facebook's stock price in 2017 increased by ~ 75.8%, and in 2018, it decreased by 25.7%. a. Compute the geometric mean rate of return per

Facebook's stock price in 2017 increased by ~ 75.8%, and in 2018, it decreased by 25.7%.
a. Compute the geometric mean rate of return per year for the two-year period 2017-2018.
b. If you purchased $1,000 of Facebook stock at the start of 2017, what was its value at the end of 2018?
c. Compare the result of (b) to that of Problem 3.19 (b).

Problem 3.19 (b)

b. If you purchased $1,000 of GE stock at the start of 2017, what was its value at the end of 2018?

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