Big Rock is listed on the local stock exchange and its stock has had mixed performance over the last few months. The company's directors are interested in seeing how Big Rock's performance compares to other companies in the sector. Initial Investment S1,000 Value End Value End Value End of Year 1 $1,268 Company of Year 2 $1,334 of Year 3 Big Rock Building Inc. $1,105

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Required: Calculate the arithmetic mean and the geometric mean over the three-year
period for the investments made.

Big Rock is listed on the local stock exchange and its stock has had mixed performance
over the last few months. The company's directors are interested in seeing how Big
Rock's performance compares to other companies in the sector.
Company
Initial
Value End
Value End Value End
Investment
of Year 1
of Year 2
$1,334
of Year 3
$1,105
Big Rock Building Inc.
$1,000
$1,268
Transcribed Image Text:Big Rock is listed on the local stock exchange and its stock has had mixed performance over the last few months. The company's directors are interested in seeing how Big Rock's performance compares to other companies in the sector. Company Initial Value End Value End Value End Investment of Year 1 of Year 2 $1,334 of Year 3 $1,105 Big Rock Building Inc. $1,000 $1,268
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