Question
1.The return pattern on your favorite stock has been 5.39 percent, 8.26 percent, -12.04 percent, and 14.27 percent over the last four years. What are
1.The return pattern on your favorite stock has been 5.39 percent, 8.26 percent, -12.04 percent, and 14.27 percent over the last four years. What are the average arithmetic and geometric rates of return?
A.3.45%; 3.21%B.3.97%; 3.48%C.3.88%; 3.64%
D.3.92%; 3.56%E.3.51%; 3.26%
Answer with work
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
