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

Calculate the weekly geometric and arithmetic 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 and arithmetic 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

AM = (1.15%-0.85%+6.02%-5.41%+0.29%)/5 = 0.24%

The Following Table Shows the Closing Prices and Daily Returns