What is the compound annual growth rate for stock A which has annual returns of 5.60%, 22.67%, and -5.23%?
A) 7.08%.
B) 6.00%.
C) 8.72%.
Answer: A
Marketing MCQ
Statistical Concepts and Market Returns
What is the compound annual growth rate for stock A which has annual returns of 5.60%, 22.67%, and -5.23%?