Compute the geometric average PRICE return for the same period. Explain the difference between your...
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Finance
Compute the geometric average PRICE return for the same period. Explain the difference between your result and the geometric average total return
Date | Price | Cumulative Return % |
12/31/15 | 76.04 | 100.00 |
12/30/16 | 71.12 | 95.13 |
12/29/17 | 92.94 | 126.76 |
12/31/18 | 92.36 | 128.31 |
12/31/19 | 119.76 | 169.68 |
12/31/20 | 160.51 | 231.46 |
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