a. If you want to forecast what the stock market is going to do over the next
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a. If you want to forecast what the stock market is going to do over the next year, should you use an arithmetic or geometric average?
b. If you want to forecast what the stock market is going to do over the next century, should you use an arithmetic or geometric average?
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Related Book For
Essentials Of Corporate Finance
ISBN: 9781265414962
11th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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