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A stock had returns of 13 percent, 18 percent, 14 percent, 17 percent, 13 percent, and 14 percent over the last six years. Required: (a)

A stock had returns of 13 percent, 18 percent, 14 percent, 17 percent, 13 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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