Question
A stock had returns of 11 percent, 15 percent, 20 percent, -1 percent, 12 percent, and 14 percent over the last six years. Required: (a)
A stock had returns of 11 percent, 15 percent, 20 percent, -1 percent, 12 percent, and 14 percent over the last six years. Required: (a) What is the arithmetic return for the stock? (b) What is the geometric return for the stock?
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
1st Edition
0987507109, 978-0987507105
