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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))
