One of the biggest Australian companies' stock returned 9.37%,-3.55% and 11.55% over the past three years,respectively.What is the arithmetic average return for this period?

Name: One of the biggest Australian companies' stock returned 9.37%,-3.55% and 11.55% over the past three years,respectively.What is the arithmetic average return for this period?
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Question

Quizplus · Accepted Answer

The arithmetic average return is calculated by summing up the returns and dividing by the number of periods. (9.37% + (-3.55%) + 11.55%) / 3 = 5.79%.

One of the Biggest Australian Companies' Stock Returned 9