Geometric average return


Problem:

Over the last four years, a stock had had an arithmetic average return of 8.8 percent. Three of those four years produced returns of 16.3 percent, 10.2 percent, and -14.1 percent.

Required:

Question: What is the geometric average return from this 4-year period?

Note: Please show guided help with steps and answer.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Geometric average return
Reference No:- TGS0888981

Expected delivery within 24 Hours