Question: The return pattern on your favorite stock has been 9 percent, 8 percent, -2 percent, 15 percent, and 21 percent over the last five years.
The return pattern on your favorite stock has been 9 percent, 8 percent, -2 percent, 15 percent, and 21 percent over the last five years. What is the stock's arithmetic average return and holding period return?
10.20%; 8.24%
10.20%; 60.53%
8.24%; 10.20%
8.24%; 60.53%
8.25; 48.62%
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