Question: PLease explain how you got to your answer. Thank you. Evaluate the following stock price information for XP Corporation and Ace, Inc. Year 2010 $9.75
PLease explain how you got to your answer. Thank you.
Evaluate the following stock price information for XP Corporation and Ace, Inc. Year 2010 $9.75 $40.25 2011 $10.25 $56.75 2012 $9.50 $64.50 2013 $12.75 $54.50 XP Ace Calculate the arithmetic average rate for return for P Corporation: % Show percentage to two decimal places Calculate the geometric average rate for return for XP Corporation: % Show percentage to two decimal places) Calculate the arithmetic average rate for return for Ace, Inc. : | % (Show percentage to two decimal places) Calculate the geometric average rate for return for Ace, Inc. : % (Show percentage to two decimal places) Which company is expected to have a better return? O A. XP Corporation O B. Ace, Inc
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