Your grandfather invested $3,601 in a stock 33 years ago. Currently the value of his account is $628,297. What is his ge

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answerhappygod
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Your grandfather invested $3,601 in a stock 33 years ago. Currently the value of his account is $628,297. What is his ge

Post by answerhappygod »

Your grandfather invested $3,601 in a stock 33 years ago.
Currently the value of his account is $628,297. What is his
geometric average return (in percent) over this
period? Answer to two decimals.
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