Over the last four years, the common stock of Plymouth Shippers has had an arithmetic average return of 9.3 percent. Three of those four years produced returns of 14.1 percent, 15.6 percent, and 3.4 percent. What is the geometric average return for this 4-year period?
A) 7.72 percent
B) 8.41 percent
C) 8.93 percent
D) 9.16 percent
E) 9.368 percent
Correct Answer:
Verified
Q62: You purchased 1,300 shares of LKL stock
Q62: A stock has produced returns of 11
Q63: Over the past six years,a stock had
Q64: A stock produced returns of 16 percent,
Q64: A security produced returns of 13 percent,18
Q66: A stock produced returns of 19 percent,
Q70: Over the past 4 years, a stock
Q72: Home Grown Grains stock returned 28.7 percent,
Q74: A bond has an average return of
Q79: Five years ago,you purchased 600 shares of
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