Isabella invested in a stock for five years. The annual return over the past five years were: 37.0%, -2.1%, 14.5%, 3.1%,
Posted: Wed May 18, 2022 11:50 pm
Isabella invested in a stock for five years. The annual return over the past five years were: 37.0%, -2.1%, 14.5%, 3.1%, and 29.6%, respectively. What was her average annualized rate of return over the past five years? (Note: Round your answer to 3 decimal places. For example, if your answer is 8.7%, you should write 0.087 in the answer box. DO NOT write 8.7 in the box as you will be marked wrong).