Solved

A Stock Had Year-End Prices of $24, $27, $32, and $26

Question 56

Multiple Choice

A stock had year-end prices of $24, $27, $32, and $26 over the past four years, respectively. What is the geometric average return?

A) 2.02%
B) 2.18%
C) 2.55%
D) 2.70%
E) 2.81%

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