Compute the geometric mean rate of return

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The prices of five computer stocks increased by 37.2 percent, 1,140.0 percent, 2.7 percent, 842.0 percent and 0.95 percent, respectively since 1990. Compute the geometric mean rate of return for the five stocks.

(Hint: First convert percents to decimal equivalent)

 

Reference no: EM1376066

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