Calculate the arithmetic (average) return over the 5-year investment period. Year Price 0 19 1 22 2
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate the arithmetic (average) return over the 5-year investment period.
Year | Price |
0 | 19 |
1 | 22 |
2 | 20 |
3 | 23 |
4 | 25 |
5 | 23 |
Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: