A stock has had returns of 34 percent, 18 percent, 29 percent, -6 percent, 16 percent, and
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A stock has had returns of 34 percent, 18 percent, 29 percent, -6 percent, 16 percent, and -48 percent over the last six years. What are the arithmetic and geometric returns for the stock?
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Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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