Multiple Choice
A particular stock had year-end prices of $45, $43, $54, and $61 over the past four years, respectively. What was the arithmetic average return of the stock?
A) 7.90%
B) 8.52%
C) 10.04%
D) 10.67%
E) 11.37%
Correct Answer:
Verified
Correct Answer:
Verified
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