A stock has had returns of 3 percent, 38 percent, 21 percent, - 15 percent, 29 percent,

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A stock has had returns of 3 percent, 38 percent, 21 percent, - 15 percent, 29 percent, and -13 percent over the last six years. What are the arithmetic and geometric returns for the stock?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Dec 16, 2016 01:57 PM

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A stock has had returns of 3 percent, 38 percent, 21 percent, - 15 percent, 29 percent,

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The arithmetic average return is the sum of the known ...View the full answer

Fundamentals of corporate finance

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