Your stock's returns for the past four years are as follows.   t Return t1 19.79% t2 -0.58% t3 8.55% t4 4.68% Compute the geometric average return for this stock. Please enter your answer as a PERCENT rounded to 2 decimal places.

Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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Your stock's returns for the past four years are as follows.

 

t Return

t1 19.79%

t2 -0.58%

t3 8.55%

t4 4.68%

Compute the geometric average return for this stock. Please enter your answer as a PERCENT rounded to 2 decimal places.

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