.) From the data below, determine the Microsoft Corporation's - (a) Find arithmetic average return and geometric average return. Year 2011 2012 2013 2014 2015 2016 Return (%) 18 21 16 11 19 22

Entrepreneurial Finance
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Chapter2: Developing The Business Idea
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Fundamental Analysis:

1) From the data below, determine the Microsoft Corporation's -
(a) Find arithmetic average return and geometric average return.
Year
2011
2012
2013
2014
2015
2016
2017
2018
2019
Return (%)
18
21
16
11
19
22
12
-15
3
Transcribed Image Text:1) From the data below, determine the Microsoft Corporation's - (a) Find arithmetic average return and geometric average return. Year 2011 2012 2013 2014 2015 2016 2017 2018 2019 Return (%) 18 21 16 11 19 22 12 -15 3
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