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A stock had returns of 12 percent, 17 percent, 19 percent, 8 percent, 10 percent, and -1 percent over the last six years. Required: (a)
| A stock had returns of 12 percent, 17 percent, 19 percent, 8 percent, 10 percent, and -1 percent over the last six years. |
| Required: | |
| (a) | What is the arithmetic return for the stock? |
| (Click to select) 13.00% 11.03% 10.93% 10.83% 11.38% | |
| (b) | What is the geometric return for the stock? |
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