You bought $20,000 of Futura's stocks four years ago (at time = 0) and recorded the stock prices as follows:
Time: Index:
0 33
1 27
2 34
3 47
4 52
What is the geometric average annual return?
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
JUST WRITTEN IN EXCEL, NO EXCEL FUNCTION IS USED
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