Redstone mines stock returned 75 153 -92 and 115 percent


RedStone Mines stock returned 7.5, 15.3, -9.2, and 11.5 percent over the past four years, respectively. What is the geometric average return?

A. 5.84 percent

B. 6.36 percent

C. 7.75 percent

D. 9.94 percent

E. 10.33 percent

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Redstone mines stock returned 75 153 -92 and 115 percent
Reference No:- TGS01088655

Expected delivery within 24 Hours