Question: What is the arithmetic average return for a stock with the following annual returns: 4%, 8%, -3%, 5%, -2%. 2.24% 2.50% 2.31% 2.40% None of
-
What is the arithmetic average return for a stock with the following annual returns: 4%, 8%, -3%, 5%, -2%.
-
2.24%
-
2.50%
-
2.31%
-
2.40%
-
None of the above
-
What is the geometric average return for the same stock in Question #1?
-
2.24%
-
2.50%
-
2.31%
-
2.40%
-
None of the above
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
