In the last three years a stock had returns of 20.00%, -29.00% and 7.50%. What was the arithmetic average return of the stock? ( Enter your answer as a percentage rounded to two decimal places.)
Arithmatic Avg Ret = Sum [ Ret ] / n
= [ 20% - 29% +7.5% ] / 3
= -1.5% / 3.
= -0.5%
In the last three years a stock had returns of 20.00%, -29.00% and 7.50%. What was...
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