Question
A stock had returns of 17 percent, 10 percent, 11 percent, 11 percent, 12 percent, and 5 percent over the last six years. What is
A stock had returns of 17 percent, 10 percent, 11 percent, 11 percent, 12 percent, and 5 percent over the last six years.
What is the arithmetic return for the stock?
What is the geometric return for the stock?
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
