Question
A stock had returns of 13 percent, 18 percent, 14 percent, 11 percent, 13 percent, and 5 percent over the last six years. Required: (a)
A stock had returns of 13 percent, 18 percent, 14 percent, 11 percent, 13 percent, and 5 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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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
