A share has the following prices at the end of each of the years shown. What is the arithmetic average realised return from 2002 to 2005? Year Price 2002 $31.94 2003 $31.70 2004 $33.12 2005 $34.60 O a. 2.0492% O b. 2.6822% O c. 2.0292% O d. 2.7322%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
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Problem 15.1.2MBA
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A share has the following prices at the end of each of the years shown. What is the arithmetic average realised return from 2002 to 2005?
Year
Price
2002
$31.94
2003
$31.70
2004
$33.12
2005
$34.60
O a. 2.0492%
O b. 2.6822%
c. 2.0292%
O d. 2.7322%
Transcribed Image Text:A share has the following prices at the end of each of the years shown. What is the arithmetic average realised return from 2002 to 2005? Year Price 2002 $31.94 2003 $31.70 2004 $33.12 2005 $34.60 O a. 2.0492% O b. 2.6822% c. 2.0292% O d. 2.7322%
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