A stock has had returns of 14 percent -18 percent 2 percent, Financial Management

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A stock has had returns of 14 percent -18 percent 2 percent

1. A stock has had returns of 14 percent, -18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively. What is the geometric return for this stock?

10.82 percent

9.32 percent

9.47 percent

10.31 percent

8.88 percent

2. Negotiable instruments include:

A. Promissory notes

B. Checks/drafts

C. Contracts for the sale of an automobile

D. Both A & B

E. All of the above

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Financial Management: A stock has had returns of 14 percent -18 percent 2 percent

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Financial Management: A stock has had returns of 14 percent -18 percent 2 percent

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