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A stock had returns of 13 percent, 14 percent, 18 percent, 14 percent, 15 percent, and -10 percent over the last six years. Required: (a)
A stock had returns of 13 percent, 14 percent, 18 percent, 14 percent, 15 percent, and -10 percent over the last six years. |
Required: | |
(a) | What is the arithmetic return for the stock? |
(Click to select) 10.77% 12.80% 10.87% 10.67% 11.20% |
(b) | What is the geometric return for the stock? |
(Click to select) 10.23% 10.33% 10.03% 12.39% 10.91% |
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