You own a stock that had returns of 11.52 percent, 7.74 percent, 24.76 percent, and 16.94 percent
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You own a stock that had returns of 11.52 percent, 7.74 percent, 24.76 percent, and 16.94 percent over the past four years. What was the geometric average return for this stock?
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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