The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years. -7%;
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Question:
The investment analyst from Citi-Investment Group posted the following returns for LGI stock over ten years.
-7%; -3%; 1.5%; 2.2%; 3%; 4.8%; 5%; 5.1%; 6%; 6.7%
a) What is the 71st quartile of LGI’s return?
b) What is the geometric mean of the returns?
c) What is the mean return?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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