Florida Company (FC)and Minnesota Company (MC)are Both Service Companies

question 67

Multiple Choice

Florida Company (FC) and Minnesota Company (MC) are both service companies.Their stock returns for the past three years were: FC: - 5%,15%,20%; MC: 8%,8%,20%.
Calculate the mean return for each company.

• A)FC: 12%,MC: 6%
• B)FC: 10%,MC: 12%
• C)FC: 20%,MC: 32%
• D)None of the options

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