You have observed the following returns on ABC's stocks over the last five years : $18\mathrm{.}11\%,16\mathrm{.}92\%,13\mathrm{.}6\%,-5\mathrm{.}29\%,11\mathrm{.}07\%$ What is the geometric average returns on the stock over this five $-$ year period $.$ Note: Enter your answer in percentages rounded off to two decimal points. Do not enter $\%$ in the answer box. For example $,$ if your answer is $0\mathrm{.}12345$ then enter as $12\mathrm{.}35$ in the answer

Answer rating: 100% (QA)

To calculate the geometric average returns we can use the formula Geometric ... View the full answer