In: Finance
You have the following rates of return for a risky portfolio for several recent years. Assume that the stock pays no dividends. What is the geometric average return for the period?
Year |
Beginning of Year Price | # of Shares Bought or Sold |
2014 | $90 | 230 |
2015 | 95 | 180 |
2016 | 91 | 205 |
2017 | 94 | 205 |
A) 1.46
B)1.09
C)2.20
D)2.93
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