A stock had returns of 16.27 percent, 24.18 percent, ?12.29 percent, and 9.62 percent over four of
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A stock had returns of 16.27 percent, 24.18 percent, ?12.29 percent, and 9.62 percent over four of the past five years. The arithmetic average return over the five years was 13.28 percent. What was the stock return for the missing year?
Related Book For
Financial Analysis with Microsoft Excel
ISBN: 978-1285432274
7th edition
Authors: Timothy R. Mayes, Todd M. Shank
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