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A Stock Had Returns of 12

Question 20

Multiple Choice

A stock had returns of 12.4 percent, 16.6 percent, 10.2 percent, 19.0 percent, −15.7 percent, and 6.3 percent over the last six years. What is the geometric average return on the stock for this period?


A) 7.90 percent
B) 7.46 percent
C) 8.56 percent
D) 7.76 percent
E) 8.01 percent

Correct Answer:

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