You purchased 1,500 shares of KFC stock five years ago and have earned annual returns of 7.1 percent, 11.2 percent, 5.25 percent, -4.7 percent, and 11.8 percent, respectively. What is your arithmetic average return? 8.01% 7.66% 6.13%
You purchased 1,500 shares of KFC stock five years ago and have earned annual returns of 7.1 percent, 11.2 percent, 5.25 percent, -4.7 percent, and 11.8 percent, respectively. What is your arithmetic average return? 8.01% 7.66% 6.13%
Chapter7: Stocks (equity) - Characterstics And Valuation
Section: Chapter Questions
Problem 6PROB
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