Question: Time Marsh $11 12 19 2 3 4 5 11 a. Calculate the annual rate of return for each year from the above information b.
Time Marsh $11 12 19 2 3 4 5 11 a. Calculate the annual rate of return for each year from the above information b. What is the writhmetic average rate of retur camned by investing in Mary's stock over this period? c. What is the geometric average rate of return camned by investing in Marsh's stock over this period? d. Considering the beginning and ending stock prices for the five-year period are the same, which type of average rate of retum (the arithmetic or geometric) better describes the average annual rate of retum carne over the period
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