The following table shows the closing prices and daily returns of Toronto Skates Inc.over a week:

Calculate the weekly geometric mean (GM)and the arithmetic mean (AM)returns of Toronto Skates Inc.(your answer should be four decimals, margin of error is +/- 0.0050%)
A)GM=0.2400% and AM=0.1728%
B)GM=-0.2841% and AM=0.1728%
C)GM=0.1728% and AM=-0.2841%
D)GM=0.1728% and AM=0.2400%

Question

The following table shows the closing prices and daily returns of Toronto Skates Inc.over a week:

Calculate the weekly geometric mean (GM)and the arithmetic mean (AM)returns of Toronto Skates Inc.(your answer should be four decimals, margin of error is +/- 0.0050%)
A)GM=0.2400% and AM=0.1728% 
B)GM=-0.2841% and AM=0.1728% 
C)GM=0.1728% and AM=-0.2841% 
D)GM=0.1728% and AM=0.2400%

Quizplus · Accepted Answer

The Answer of The following table shows the closing prices and daily returns of Toronto Skates Inc.over a week:

Calculate the weekly geometric mean (GM)and the arithmetic mean (AM)returns of Toronto Skates Inc.(your answer should be four decimals, margin of error is +/- 0.0050%)
A)GM=0.2400% and AM=0.1728% 
B)GM=-0.2841% and AM=0.1728% 
C)GM=0.1728% and AM=-0.2841% 
D)GM=0.1728% and AM=0.2400%

The Following Table Shows the Closing Prices and Daily Returns