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1) A stock has monthly returns of 29.12%, -3.72%, 29.54%, and 18.40%. What is the stocks geometric average return? Tip: The geometric average returns is
1) A stock has monthly returns of 29.12%, -3.72%, 29.54%, and 18.40%. What is the stocks geometric average return?
Tip: The geometric average returns is calculated as pi (1+r)^n -1, where pi is the product function ( like _ is the summation function) and represents the product of all the elements contained.
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