Business, 14.12.2019 05:31, anyone5382
The beginning share price for a security over a three-year period was $50. subsequent year-end prices were $62, $58 and $64. the arithmetic average annual rate of return and the geometric average annual rate of return for this stock was
a. 9.30% and 8.58%, respectively.
b. 9.30% and 7.89%, respectively.
c. 9.30% and 7.03%, respectively.
d. 9.30% and 6.37%, respectively.
Answers: 2
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The beginning share price for a security over a three-year period was $50. subsequent year-end price...
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