The past six-monthly returns for a company's stock are 4.22 percent, 3.12 percent, 2.2 percent, 3.1 percent, 1.8 percent, and 5.2 percent. What's the average monthly return over those six months? A. -2.45 percent B. 2.12 percent C. 3.27 percent D. 1.51 percent

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The past six-monthly returns for a company's stock are
4.22 percent, 3.12 percent, 2.2 percent, 3.1 percent, 1.8
percent, and 5.2 percent.
What's the average monthly return over those six
months?
A. -2.45 percent
B. 2.12 percent
C. 3.27 percent
D. 1.51 percent
Transcribed Image Text:The past six-monthly returns for a company's stock are 4.22 percent, 3.12 percent, 2.2 percent, 3.1 percent, 1.8 percent, and 5.2 percent. What's the average monthly return over those six months? A. -2.45 percent B. 2.12 percent C. 3.27 percent D. 1.51 percent
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