4. Arithmetic versus Geometric Returns (LO1, CFA1) What is the difference between arithmetic and geometric returns? Suppose
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4. Arithmetic versus Geometric Returns (LO1, CFA1) What is the difference between arithmetic and geometric returns? Suppose you have invested in a stock for the last 10 years. Which number is more important to you, the arithmetic or geometric return?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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