JNJ had the following returns:11.13%, -7.56%, 24.34%, and 16.61%.What is the geometric average return for JNJ?11.58% 11.13%10.47% 9.78%

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter5: Evaluating Operating And Financial Performance
Section: Chapter Questions
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JNJ had the following returns:11.13%, -7.56%, 24.34%, and 16.61%.What is the geometric
average return for JNJ?11.58% 11.13%10.47% 9.78%
Transcribed Image Text:JNJ had the following returns:11.13%, -7.56%, 24.34%, and 16.61%.What is the geometric average return for JNJ?11.58% 11.13%10.47% 9.78%
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