a. If you wanted to forecast what the stock market is going to do over the next
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a. If you wanted 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 wanted 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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a When forecasting the stock markets performance over the next year it is generally more appropr...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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