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A stock had returns of 16 percent, 20 percent, 16 percent, 5 percent, 14 percent, and 11 percent over the last six years. Required: (a)
| A stock had returns of 16 percent, 20 percent, 16 percent, 5 percent, 14 percent, and 11 percent over the last six years. |
| Required: | |
| (a) | What is the arithmetic return for the stock? |
| (Click to select)13.77%13.87%16.40%14.35%13.67% | |
| (b) | What is the geometric return for the stock? |
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