You purchased a stock for $50.00 share at the end of 2014. At the end of the years 2015-2018, the stock was worth $54.75, $59.13, $56.41 and $60.06 respectively. You sold the stock at the end of 2019 for $62.00 per share. Calculate your arithmetic and geometric mean returns for the stock during the period in which you owned it.

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The Answer of You purchased a stock for $50.00 share at the end of 2014. At the end of the years 2015-2018, the stock was worth $54.75, $59.13, $56.41 and $60.06 respectively. You sold the stock at the end of 2019 for $62.00 per share. Calculate your arithmetic and geometric mean returns for the stock during the period in which you owned it.

You Purchased a Stock for $50