What was the average real return on crash-n-burns, Financial Management

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What was the average real return on crash-n-burns

You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 7 percent, -15 percent, 20 percent, 37 percent, and 15 percent. Suppose the average inflation rate over this period was 3.5 percent and the average T-bill rate over the period was 4.4 percent. What was the average real return on Crash-n-Burn's stock?

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Financial Management: What was the average real return on crash-n-burns

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