Question: estion 6 A stock has returns for the most recent 3 years of -40%, 21%, 50%. If you calculate the geometric mean (average) of these

estion 6

A stock has returns for the most recent 3 years of -40%, 21%, 50%. If you calculate the geometric mean (average)

of these returns the result is _____.

a)8.9%

b)

10.333%

c)

1.09%

d)

2.88%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!