A stock has had returns of 31 percent, 9 percent, 17 percent 3 percent, 21 percent, and

Question:

A stock has had returns of 31 percent, 9 percent, 17 percent –3 percent, –21 percent, and 37 percent over the last six years. What are the arithmetic and geometric returns for the stock?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

Question Posted: