A Stock Had Year-End Prices of $24, $27, $32, and $26

question 56

Multiple Choice

A stock had year-end prices of $24, $27, $32, and $26 over the past four years, respectively. What is the geometric average return?

• A)2.02%
• B)2.18%
• C)2.55%
• D)2.70%
• E)2.81%

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Definitions:

Entire Business

The complete operational structure of a company, including all assets, liabilities, operations, and activities.

Natural Resources

Resources that occur naturally in the environment and are utilized for economic gain, such as water, minerals, forests, and fossil fuels.

Land Improvements

Enhancements made to a plot of land to increase its value, which include landscaping, paving, and installing utilities.

Timberlands

Refers to land primarily used for the cultivation and harvesting of timber.