Mount Rainier stock returned 16.6 percent, 3.2 percent, -8.1 percent, and 9.8 percent over the past four years, respectively. What is the arithmetic average return for this period? O 5.38 percent 09.10 percent O 7.62 percent O 3.93 percent

Mount Rainier stock returned 16.6 percent, 3.2 percent, -8.1 percent, and 9.8 percent over the past four years, respectively. What is the arithmetic average return for this period? O 5.38 percent 09.10 percent O 7.62 percent O 3.93 percent

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Mount Rainier stock returned 16.6 percent, 3.2 percent, -8.1 percent, and 9.8 percent over the past
four years, respectively. What is the arithmetic average return for this period?
O 5.38 percent
09.10 percent
O 7.62 percent
O3.93 percent

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