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QUESTION

Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period. YEAR...

Consider a sample of year-end prices for Alphabet, Inc. (Google) over a five year period. Google did not pay a dividend over the sample period.

YEAR PRICE

2012 $578.85

2011 $605.75

2010 $527.65

2009 $339.19

2008 $563.34

2007 $509.49

Calculate the geometric return.

Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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