18. Arithmetic and Geometric Returns (LO1, CFA1) A stock has returns of 9 percent, 17 percent, 9...
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18. Arithmetic and Geometric Returns (LO1, CFA1) A stock has returns of –9 percent, 17 percent, 9 percent, 14 percent, and –4 percent. What are the arithmetic and geometric returns?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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