A firm's stоck eаrned аnnuаl returns оf 4.5%, –26%, 12.5%, 23% in Years 1 thrоugh 4, respectively. What was the stock's compound annual rate of growth during the 4-year holding period? (Round your answer to the nearest one-hundredth of a percent. Do not enter the percentage symbol. For example, if your answer is 12.3456789%, enter 12.35. Do not worry if Canvas truncates trailing zeros.)
A firm's stоck eаrned аnnuаl returns оf 7%, –29%, 13%, 22% in Years 1 thrоugh 4, respectively. What was the stock's compound annual rate of growth during the 4-year holding period? (Round your answer to the nearest one-hundredth of a percent. Do not enter the percentage symbol. For example, if your answer is 12.3456789%, enter 12.35. Do not worry if Canvas truncates trailing zeros.)