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I don't understand how to get the share prices in returns in order to use in the geometric formula. Please provide explanation.
I don't understand how to get the share prices in returns in order to use in the geometric formula.
Please provide explanation.
What is the geometric average return of a stock with the following share price history?
Year - Share price
1 - $35
2 - $30
3 - $39
4 - $42
5 - $45