A stock had returns of 16 percent, 20 percent, 13 percent, -4 percent, 12 percent, and 14 percent over the last six years. Required: (a)
A stock had returns of 16 percent, 20 percent, 13 percent, -4 percent, 12 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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Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
