Question 33 (3.5 points) If the returns on Stock A are as follows: Year 1 return

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Question 33 (3.5 points) If the returns on Stock A are as follows: Year 1 return--11 %, Year 2 return 15 %, Year 3 return-7 %, Year 4 return- -18 %, and Year 5 return = 34 %, what is the average return for Stock A over this 5 year period? (Record your answer as a percent rounded to 1 decimal place. If your answer is negative, place a minus sign before your number with no space between the sign and the number. For example, record negative 14.284% as-143). Your Answer: Answer Save Page 33 of 34 Previous Page Next Page Save All Responses Go to Submit Quiz

Explanation / Answer

average return for stock

=(-11%+15%+7%-18%+34%)/5

=5.40%

=5.4%

the above is the right answer

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