A stock had returns of 11.31 percent, −15.43 percent, 21.67 percent, 26.78 percent, and 10.12 percent over the past five years. What was the geometric average return for this stock?
The Geometric Average return is also known as Geometric mean return is used for investments that are compounded.
The calculations for finding out the Geometric Average Return has given below.
Please find the attachment.
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