If a stock had returns of 23.2%, 13.5%, -12.4%, and 5.8% for 4 of the last 5

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If a stock had returns of 23.2%, 13.5%, -12.4%, and 5.8% for 4 of the last 5 years and the arithmetic average return on the stock over this 5-year period was 7.5%, what was this stock's return for the missing year?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Posted Date: Apr 24, 2024 08:10 AM

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If a stock had returns of 23.2%, 13.5%, -12.4%, and 5.8% for 4 of the last 5

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To find the return for the missing year we need to use the given info... View the full answer

Fundamentals of Investments Valuation and Management

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