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A stock had returns of 12 percent, 12 percent, 17 percent, -7 percent, 13 percent, and 8 percent over the last six years. Required: (a)
A stock had returns of 12 percent, 12 percent, 17 percent, -7 percent, 13 percent, and 8 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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