Question: Over the last four years, the common stock of Plymouth Shippers has had an arithmetic average return of 10.4 percent. Three of those four years

 Over the last four years, the common stock of Plymouth Shippers

Over the last four years, the common stock of Plymouth Shippers has had an arithmetic average return of 10.4 percent. Three of those four years produced returns of 16.1 percent, 15.6 percent, and 9.4 percent, respectively. What is the geometric average return for this four-year period? 1 Seleccione una: a. 10.22 percent b. 9.72 percent c. 9.38 percent d. 8.93 percent e. 10.41 percent

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!