The rates of return on Cherry Jalopies, Inc., stock over the last five years were 23 percent, 11 percent, –5 percent, 7 percent, and 10 percent. What is the geometric return for Cherry Jalopies, Inc.? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Geometric return %
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 23 percent, 11 percent, –5 percent, 7 percent, and 10 percent. What is the geometric return for Cherry Jalopies, Inc.? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Geometric return %
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 17P
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