Suppose that you invested $1,000 in a stock that returned -25% in year 1, +25% in year
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Suppose that you invested $1,000 in a stock that returned -25% in year 1, +25% in year 2, and -25% in year 3.
Calculate What was your annualized rate of return (use geometric compounding)?
Related Book For
Introduction To Derivatives And Risk Management
ISBN: 9781305104969
10th Edition
Authors: Don M. Chance, Robert Brooks
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