The rate of return on Cherry Jalopies, Inc., stock over the last five years was 19 percent, 11 percent, 7 percent, 6 percent, and 9 percent. What is the geometric return for Cherry Jalopies, Inc.?
The rate of return on Cherry Jalopies, Inc., stock over the last five years was 19 percent, 11 percent, 7 percent, 6 percent, and 9 percent. What is the geometric return for Cherry Jalopies, Inc.?
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
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What is the geometric return for cherry Jalopies, lnc. On these financial accounting question?

Transcribed Image Text:The rate of return on Cherry Jalopies, Inc., stock over the last
five years was 19 percent, 11 percent, 7 percent, 6 percent,
and 9 percent. What is the geometric return for Cherry
Jalopies, Inc.?
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