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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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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