Suppose the returns on common stock over a four-year period are .1370, .3580, .4514, and .0888, respectively.

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Suppose the returns on common stock over a four-year period are .1370, .3580, .4514, and −.0888, respectively. The average, or mean, return over these four years is:R 1370 + .3580 + 4514.0888.2144, or 21.44% 4

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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