Multiple Choice
Over the past four years, Hi-Tech Development stock returned 35.2, 38.8, 18.4, and −32.2 percent annually. What is the arithmetic average return?
A) 15.05%
B) 17.67%
C) 20.53%
D) 24.20%
E) 32.25%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q57: The standard deviation is a measure of:<br>A)volatility.<br>B)total
Q58: Over the past ten years, large-company stocks
Q59: A single common stock share was purchased
Q60: When the total return on an investment
Q61: Ellen just sold a stock and realized
Q63: The geometric return on a stock over
Q64: A stock sold for $25 at the
Q65: Jim began his investing program with
Q66: Which one of the following statements is
Q67: Downtown Industries' common stock had returns of