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Calculate the year-end price for amid

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Reference no: EM132315615

Question :

Calculate the year-end price for AMID , computing the compound value of the beginning - of - year price of $5. 69 per share for 12 months at the monthly geometric average rate of return calculate earlier:

End-of-year stock price = Beginning-of-year stock price x ( 1 + Geometric average monthly rate of return )*12

Reference no: EM132315615

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