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16. Consider the following five monthly returns: a. Calculate the arithmetic average monthly return over this period. b. Calculate the geometric average monthly return over
16. Consider the following five monthly returns: a. Calculate the arithmetic average monthly return over this period. "b. Calculate the geometric average monthly return over this period. c. Calculate the monthly variance over this period. d. Calculate the monthly standard deviation over this period. Explain the difference between the arithmetic average return you calculated in Problem 16a and the geometric average return you calculated in Problem 16b. Are both numbers useful? If so, explain why
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