Question
20. Arithmetic and Geometric Returns- A stock has had returns of 23, 11, 37, 3, 22, and 17 percent over the last six years. What
20. Arithmetic and Geometric Returns- A stock has had returns of 23, 11, 37, 3, 22, and 17 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
