You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends.
Year Beginning of Year Price $35 2014 # of Shares Bought or Sold 120 bought 70 bought 95 sold 95 sold $40 2015 2016 2017 $36 8 00:41:09 $39 What is the geometric average return for the period? Multiple Choice 2.74% 7.38% o o 5.56% Graw < Prev 8 of 22 Next >
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