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1. Solve for the arithmetic mean annual yield. 2. Solve for the geometric mean annual yield. 3. Did your wealth increase? TIME 2000 2001
1. Solve for the arithmetic mean annual yield. 2. Solve for the geometric mean annual yield. 3. Did your wealth increase? TIME 2000 2001 2002 2003 2004 2005 PRICE 50 47 76 80 85 90 RETURN -0.0600 0.6170 0.0526 0.0625 0.0588 HPR 0.9400 1.6170 1.0526 1.0625 1.0588
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
