Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Your stock's returns for the past four years are as follows.
t Return
t1 19.79%
t2 -0.58%
t3 8.55%
t4 4.68%
Compute the geometric average return for this stock. Please enter your answer as a PERCENT rounded to 2 decimal places.
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