Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period. YEAR 2012 2011 2010 2009 2008 2007 Calculate the geometric return. Submit PRICE $577.29 $607.05 $531.72 $339.31 $566.76 $506.23 Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter4: Profitability Analysis
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Problem 22PC: Selected data for General Mills for 2007, 2008, and 2009 appear below (amounts in millions)....
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Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period.
Google did not pay a dividend over the sample period.
YEAR
2012
2011
2010
2009
2008
2007
Calculate the geometric return.
Submit
PRICE
$577.29
$607.05
$531.72
$339.31
$566.76
$506.23
Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will
accept decimal format rounded to 4 decimal places (ex: 0.0924))
Transcribed Image Text:Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period. YEAR 2012 2011 2010 2009 2008 2007 Calculate the geometric return. Submit PRICE $577.29 $607.05 $531.72 $339.31 $566.76 $506.23 Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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