Arithmetic and Geometric Returns An equity has had returns of 10 per cent, 15 per cent, 20
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Arithmetic and Geometric Returns An equity has had returns of 10 per cent, 15 per cent, 20 per cent,
–12 per cent, 2 per cent, and –5 per cent over the last six years. What are its arithmetic and geometric returns?
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Gauri Hendre
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