A stock has annual returns of 13 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithmetic average of these returns is _____ percent while the geometric average return for the period is _____ percent.
A) 3.89; 3.62
B) 3.89; 4.60
C) 3.62; 3.89
D) 4.60; 3.62
E) 4.60; 3.89
Correct Answer:
Verified
Q61: A stock has an expected rate of
Q63: A stock has annual returns of 6
Q72: A stock had annual returns of 3.6
Q73: A stock had the following prices and
Q75: What is the amount of the excess
Q75: Last year,you purchased a stock at a
Q76: The common stock of Air United,Inc.,had annual
Q79: Today, you sold 200 shares of Indian
Q82: How can an investor lose money on
Q90: You've observed the following returns on Crash-n-Burn
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents