A stocks rate of return in year 1 is 24.33%, in year 2 is 3.53%, and in

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A stocks rate of return in year 1 is 24.33%, in year 2 is 3.53%, and in year 3 is 16.18%. What is the stock annual geometric mean of returns?

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Posted Date: Aug 30, 2023 06:55 AM

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A stocks rate of return in year 1 is 24.33%, in year 2 is 3.53%, and in

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The geometric mean is the average rate of return that takes into account compounding It is cal... View the full answer

Investments Analysis and Management

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