A stock has had returns of 14 percent, -18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively. What is the geometric return for this stock? a. 8.88 percent b. 9.32 percent c. 9.47 percent d. 10.31 percent e. 10.82 percent

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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A stock has had returns of 14 percent, -18 percent, 2 percent, 33
percent, 27 percent, and 6 percent over the last six years,
respectively. What is the geometric return for this stock?
a. 8.88 percent
b. 9.32 percent
c. 9.47 percent
d. 10.31 percent
e. 10.82 percent
Transcribed Image Text:A stock has had returns of 14 percent, -18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively. What is the geometric return for this stock? a. 8.88 percent b. 9.32 percent c. 9.47 percent d. 10.31 percent e. 10.82 percent
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