Multiple Choice
You have an asset that has an arithmetic average return of 10.9 percent over the past five years. The annual returns for four years were 8%, 16%, - 9%, and 13%. What was the asset's return for the fifth year?
A) 15.6%
B) 17.8%
C) 20.7%
D) 22.8%
E) 26.5%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q43: You purchased a stock at the beginning
Q44: A company whose has 1,000,000 shares and
Q45: To annualize a two-year holding-period-return, you need
Q46: An asset has annual returns of 11
Q47: You plan to buy a stock and
Q49: The geometric return on a stock over
Q50: The risk-free rate that is paid as
Q51: The reward for bearing risk is known
Q52: While you purchased a zero-coupon bond at
Q53: Which of the following is more appealing?