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A stock had returns of 11 percent, 14 percent, 17 percent, 14 percent, 15 percent, and 2 percent over the last six years. Required: (a)
A stock had returns of 11 percent, 14 percent, 17 percent, 14 percent, 15 percent, and 2 percent over the last six years. Required: (a) What is the arithmetic return for the stock?
Required: (a)What is the arithmetic return for the stock? (Click to select) 12.27% ( c return for the stock? 12.78% 12.37% 12.17% 14.60% (b)What is the geometric return for the stock? (Click to select) 12.16% 12.06% 11.86% 14.64% 12.41%Step by Step Solution
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