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A stock had returns of 17 percent, 14 percent, 12 percent, 8 percent, 14 percent, and 11 percent over the last six years (a) What
A stock had returns of 17 percent, 14 percent, 12 percent, 8 percent, 14 percent, and 11 percent over the last six years
| (a) | What is the arithmetic return for the stock? |
| (b) | What is the geometric return for the stock? |
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Intermediate Financial Management
Authors: Eugene F. Brigham, Louis C. Gapenski
4th Edition
0030754828, 978-0030754821
