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a) A stock earns the above returns. What was the arithmetic average return over this time period? b) What was the holding period return
a) A stock earns the above returns. What was the arithmetic average return over this time period? b) What was the holding period return over this time period? c) What was the geometric average return over this time period?
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To calculate the arithmetic average return we sum all the individual returns and divide by the numbe...
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
