A stock had returns of 12%, 6%, 13%, -11%, -2% over the past five years. what is the geometric average for this time period?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
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A stock had returns of 12%, 6%, 13%, -11%, -2% over the past five years. what is the geometric average for this time period?

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