A stock has had returns of 17 percent, 9 percent, -20 percent over the last three...
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A stock has had returns of 17 percent, 9 percent, -20 percent over the last three years, respectively. What is the geometric mean return for this stock? (Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43% instead of 0.0843) Your Answer: Answer units Hide hint for Question 4 Geometric mean of returns=[(1+R1)*(1+R2)*(1+R3)]^(1/3)-1 A stock has had returns of 17 percent, 9 percent, -20 percent over the last three years, respectively. What is the geometric mean return for this stock? (Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43% instead of 0.0843) Your Answer: Answer units Hide hint for Question 4 Geometric mean of returns=[(1+R1)*(1+R2)*(1+R3)]^(1/3)-1
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
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