Arithmetic average return on each stock over period

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Reference no: EM131562475

The rate of return on Cherry Jalopies, Inc., stock over the last five years was 16 percent, 11 percent,−2 percent, 5 percent, and 12 percent. Over the same period, the return on Straw Construction Company’s stock was 16 percent, 13 percent, −2 percent, 5 percent, and 15 percent. What was the arithmetic average return on each stock over this period? (Enter your answers as a percent rounded to 1 decimal place. Omit the "$" sign in your response.) Cherry average return % Straw average return %

Reference no: EM131562475

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