9. Arithmetic and Geometric Returns (LO1, CFA1) A stock has had returns of 21 percent, 12 percent,...
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9. Arithmetic and Geometric Returns (LO1, CFA1) A stock has had returns of 21 percent, 12 percent, 7 percent, –13 percent, –4 percent, and 26 percent over the last six years. What are the arithmetic and geometric returns for the stock?
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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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