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16. the stock has the following returns for a three-year period: Year 1: 15% Year 2: -1% Year 3: 2% what are the arithmetic and

16.

the stock has the following returns for a three-year period:

Year 1: 15%

Year 2: -1%

Year 3: 2%

what are the arithmetic and geometric rates of return, respectively, for the three year period?

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