The 12-Month Rate of Returns Over a Three Year Period

question 123

Short Answer

The 12-month rate of returns over a three year period of a particular stock is 0.099, -0.289, and 0.089. The geometric mean rate of return per year for this stock is ________.

---

Definitions:

Indirect Customers

Consumers who benefit from a product or service but do not purchase directly from the provider.

Sales Engineer

A professional who sells complex scientific and technological products or services, often requiring deep product knowledge and an understanding of customer needs.

Retail Salesperson

An individual who sells goods directly to consumers in a retail setting, often providing product advice, assistance, and customer service.

Salesperson

An individual who sells goods or services to customers, often responsible for negotiating deals, understanding customer needs, and closing sales.