Suppose a stock earns -4.0%, -16.2%, 7.3% and -8.7% annually over four years. What is its compound
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Question:
Suppose a stock earns -4.0%, -16.2%, 7.3% and -8.7% annually over four years. What is its compound average annual return?
a. -4.2%
b. -0.6%
c. -5.8%
d. 10.5%
e. -6.6%
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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