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FIN2601 ASSIGNMENT 2(696209) ANSWERS, SEMESTER 1 2024

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FIN2601 ASSIGNMENT 2(696209) ANSWERS, SEMESTER 1 2024, DUE DATE:26 APRIL 2024

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FIN2601 ASSIGNMENT 2
SEMESTER 1 2024 (696209)
DUE: 29 APRIL 2024




FIN2601 ASSIGNMENT 2 ANSWERS

, QUESTION 1
Question 1
Le Panier French Bakery, a cupcake business, has recorded the following returns over
the last four years:
Year Return
2020 -3,5%
2021 -5,0%
2022 65%
2023 13,7%
What is the average return on the company's shares?
1. 17,6%
2. 18,8%
3. 56,5%
4. 70,2%


Average return= (-3.5% + -5.0%+65%+13.7%)/4 = 17.6%
Answer: option 1 (17.6%)
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