You find a certain stock that had returns of 12 percent, Finance Basics

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You find a certain stock that had returns of 12 percent

You find a certain stock that had returns of 12 percent, -13 percent, 24 percent, and 20 percent for four of the last five years. The average return of the stock over this period was 11.32 percent.

What was the stock's return for the missing year?
A.

13.6%
B.

14.6%
C.

15.6%
D.

39.8%

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Finance Basics: You find a certain stock that had returns of 12 percent

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