Multiple Choice
Kids Toy Co. has had total returns over the past five years of 0%,7%,-2%,10%,and 12%. What was the arithmetic average return on this stock?
A) 5.40%
B) 5.50%
C) 6.15%
D) 6.33%
E) 6.75%
Correct Answer:
Verified
Correct Answer:
Verified
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