Amazon.com stock prices gave a realized return of 20%, 12%, 12%, and -12% over four successive quarters. What is the annual realized return for Amazon.com for the year? OA. 8% B. 4.08% OC. 6.53% OD. 4.69%

Survey of Accounting (Accounting I)
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ISBN:9781305961883
Author:Carl Warren
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Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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Amazon.com stock prices gave a realized return of 20%, 12%, -12%, and 12% over four successive quarters.
What is the annual realized return for Amazon.com for the year?
OA. 8%
OB. 4.08%
OC. 6.53%
D. 4.69%
Transcribed Image Text:Amazon.com stock prices gave a realized return of 20%, 12%, -12%, and 12% over four successive quarters. What is the annual realized return for Amazon.com for the year? OA. 8% OB. 4.08% OC. 6.53% D. 4.69%
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