## [answered] A company's stock price rose 1.4%in 2011, and in 2012,

A company's stock price rose 1.41.4%in 2011, and in 2012, it increased 17.717.7%.

 a. .? Compute the geometric mean rate of return for the two-year period 2011minus?2012. (Hint: Denote an increase of 17.717.7% by 0.1770.177.) b.???????? If someone purchased \$1,000 of the company's stock at the start of 2011, what was its value at the end of 2012? c.??????? Over the same period, another company had a geometric mean rate of return of 34.9534.95%.If someone purchased \$1,000 of the other company's stock, how would its value compare to the value found in part (b)?

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