Question: (Calculating the geometric and arithmetic average rate of return) The common stock of the Brangus Carte Company had the following end of year stock prices

 (Calculating the geometric and arithmetic average rate of return) The common

(Calculating the geometric and arithmetic average rate of return) The common stock of the Brangus Carte Company had the following end of year stock prices over the last five years and paid no cash dividends: Time Brangus cattle Comapny $17 9 12 22 26 (Cheone to y de content to speed) a Calotate the annual rate of return for each year from the above information b. What is the arithmetic average rate of return earned by investing in Brangus Cattle Company's stock over this period? 6. What is the geometric average rate of returneamed by investing in Brangus Cattle Company's stock over this period? d. Which Ive of average rate of return best desorbes the average annual rate of returneamed over the period the arithmetic or sometric? Why

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