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A stock had returns of 15 percent, 14 percent, 15 percent, -7 percent, 19 percent, and -10 percent over the last six years. Required: (a)
A stock had returns of 15 percent, 14 percent, 15 percent, -7 percent, 19 percent, and -10 percent over the last six years. |
Required: | |
(a) | What is the arithmetic return for the stock? |
(Click to select) 7.77% 8.05% 7.67% 7.87% 9.20% |
(b) | What is the geometric return for the stock? |
(Click to select) 6.81% 7.91% 7.11% 8.47% 7.01% |
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