Rolated to Checkpoint 7.2) (Caiculating the geometric and arithmetio average rate of return) Manh Inc....
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Rolated to Checkpoint 7.2) (Caiculating the geometric and arithmetio average rate of return) Manh Inc. had the following end-of year stock prices over the last five years and paid no cash dividends: a. Calculate the annual rate of retum for each year from the above information. b. What is the arithmetic average rate of retum earned by irvesfing in Marsh's slock over bis period? a. The annual rate of return al the end of year 2 is K. (Round to two decimal places)
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