Arithmetic and Geometric Returns An equity has had returns of 10 per cent, 15 per cent, 20

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Arithmetic and Geometric Returns An equity has had returns of 10 per cent, 15 per cent, 20 per cent, –12 per cent, 2 per cent, and –5 per cent over the last 6 years.

What are its arithmetic and geometric returns?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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