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The rate of return on ABC, Inc., stock over the last five years was 8.11 percent, 7.18 percent, 2.04 percent, 4.58 perce

Posted: Tue Jan 18, 2022 1:02 pm
by answerhappygod
The rate of return on ABC, Inc., stock over the last five years
was 8.11 percent, 7.18 percent, 2.04 percent, 4.58 percent, and
6.29 percent. What was the geometric average return (in percent) on
ABC stock over this period? Answer to two
decimals.