Answer: a) 8.67%, b) 7.64%.
Step-by-step explanation:
Since we have given that
Stock has returns is given by
11 percent, 18 percent, 20 percent, −13 percent, 25 percent, and −9 percent
Number of years = 6
Arithmetic average returns for the stock is given by
Geometric average returns for the stock is given by
![[(1+0.11)\times (1+0.18)\times (1+0.20)\times (1-0.13)\times (1+0.25)\times (1-0.09)]^{\frac{1}{6}}-1\\\\=[1.11\times 1.18\times 1.20\times 0.87\times 1.25\times 0.91]^{\frac{1}{6}}-1\\\\=7.64\%](https://tex.z-dn.net/?f=%5B%281%2B0.11%29%5Ctimes%20%281%2B0.18%29%5Ctimes%20%281%2B0.20%29%5Ctimes%20%281-0.13%29%5Ctimes%20%281%2B0.25%29%5Ctimes%20%281-0.09%29%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D%5B1.11%5Ctimes%201.18%5Ctimes%201.20%5Ctimes%200.87%5Ctimes%201.25%5Ctimes%200.91%5D%5E%7B%5Cfrac%7B1%7D%7B6%7D%7D-1%5C%5C%5C%5C%3D7.64%5C%25)
Hence, a) 8.67%, b) 7.64%.
The answer would be 4.1 as the average. (Sorry I could not take a picture of my work, but here's a brief explanation of how I did it. 1st I added all three numbers, 2.5, 3.8, and 3, then divide by 3 because there are 3 numbers to add, when done dividing, you should have your answer! (I did not do the work on paper, I did this in my mind seeing that you just add those 3 numbers then divide by 3)
Answer:
She can make 19 cupcakes!!
Have an amzing day!!!!!
Answer:
Where does the graph of the line y = x - 2 intersect the x-axis?
O A. (0, 2)
O B. (2,0)
O C. (0, -2)
0 D. (-2, 0)
C. ( 0 , -2 )
Step-by-step explanation:
I hope this helps
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