Question: please answer step by step not on excel A stock had returns of 11.83 percent, 15.67 percent, 22.23 percent, 27.22 percent, and 10.88 percent over
please answer step by step not on excel
A stock had returns of 11.83 percent, 15.67 percent, 22.23 percent, 27.22 percent, and 10.88 percent over the past five years. What was the geometric average return for this stock? (Provide your answer in decimal form)
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