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3. From the holding period returns below, compute the arithmetic average return and the geometric average return. Period Holding Period Return 1 4% 2 2%
3. From the holding period returns below, compute the arithmetic average return and the geometric average return.
| Period | Holding Period Return |
| 1 | 4% |
| 2 | 2% |
| 3 | 1% |
| 4 | -2% |
| 5 | 2% |
| 6 | 2% |
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
