Question: What was the geometric average return for a stock that had the following annual returns over the past 4 years: 15.00 . ( 4 years

 What was the geometric average return for a stock that had

What was the geometric average return for a stock that had the following annual returns over the past 4 years: 15.00 . ( 4 years ago), 11,00f ( 3 years agol. -22.00\% (2. years ago), and 48.00% (last year)?(Round the value to 100 hoch decimal and please enter the value only without corverting if to a decimal format if the answer is 8.55 . enter 8551

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!