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2 A stock had returns of 17 percent, 16 percent, 16 percent, -4 percent, 17 percent, and -4 percent over the last six years.
2 A stock had returns of 17 percent, 16 percent, 16 percent, -4 percent, 17 percent, and -4 percent over the last six years. What is the arithmetic return for the stock? Arithmetic retur 9:44 What is the geometric return for the stock? Geometric return
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
