A stock has monthly returns of 9%, 22%, 15%, and 28%. What is the stock's geometric average return?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
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Chapter1: Foundations
Section1.3: Add And Subtract Integers
Problem 260E: Stock Market During the week of June 22, 2009, the closing numbers of the Dow Jones Industrial...
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A stock has monthly returns of 9%, 22%, 15%, and 28%. What is the stock's geometric average
return?
Transcribed Image Text:A stock has monthly returns of 9%, 22%, 15%, and 28%. What is the stock's geometric average return?
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